As traders look forward to the year ahead some may be extremely nervous about buying stocks at all time highs. We can never know when the pullback is coming but indecision is a decision in itself so we must do something. One way to alleviate some of this trepidation is think about allocating our stock portfolios based upon volatility.
In this video I take an example "investment thesis" and show how to mitigate potential downside risk by allocating capital based upon historical volatility.
Great content. Thanks! I have an ATR-based system for determining position size, which achieves a similar balance in a short-term, but I like your long term planning. Harder work, more research, but worth it.
norok
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@drewby4321, I do too! ATR is a great tool for position sizing for traders that trade multiple instruments. It is essential in my opinion. Great minds think alike!
omer12345678
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The script has gone.
Can you uploat it again ?
norok
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@omer12345678, Unfortunately tradingview mods took it down because it was "not unique enough to prior written scripts". You may search for it on tradingview for some of the other published scripts.
omer12345678
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Can you explain the inputs to the indecator again ?
Edulindolo
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You're great! keep it up!
spirokod
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Using Pandas and Numpy Libs from Python, you will be able to structure your data in a much efficient way using APIs from GF or YF. However, great perspective, I really enjoyed the video. Keep going!