Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Multiple Portfolios!
Yes, it’s yet another improvement to our CryptoStream product, and it’s one I’ve been nagging about for a long time: the ability to have multiple portfolios.
Now, the reason this may be of interest to you might be that you have different portfolios at different brokerages. That isn’t why I was so eager for it. My reason was sort of a twist on the whole “woulda shoulda coulda” theme. I wanted to be able to preserve my portfolios when I closed them so I could look back and see what the profits or losses would have been had I simply hung on to them.
Whatever your reason for wanting multiple portfolios, it is all controlled via these three self-explanatory buttons, which all you to create a New portfolio, Rename an existing portfolio, or Delete the currently-selected portfolio.
Virtual Wipeout
Well, yesterday was my day in the sun for XLE, and today is TNRevolution’s. Just to show what a devastating effect a YOLO-style bet can make, take a danger at my virtual equity chart:
New and Improved Portfolio
Weekends do not get in the way of Slope making progress. We work harder on the weekends than the weekdays! As such, I am delighted to report a substantial improvement and a very new approach in the CryptoStream portfolio.
Let me explain the genesis of this new approach. I found two things persistently frustrating about the former way we handled portfolios:
- Coin Entry – the way it worked before, you’d see the list of popular symbols, and you would try to hunt down the one in which you actually had a position. If it wasn’t there, you would click More Symbols and look again. You would keep doing that until, at long last, your symbol finally appeared. Dumb! Dumb, dumb dumb!
- One and Only One Stop – Recently, I have decided to create multiple tiers of risk for a position. For example, if I have a big coin position, but I want to get out of 35% (for example) if one price level is violated, and 65% at a lower price levels, there was simply no way to represent that.
The new approach solves both of these problems. You simply hand-enter whatever coin you want, instead of seeking it out randomly, and with this new approach, you can enter as many different tranches of the same coin as you like.
I have completely reworked the documentation to take these improvements into account, which you can see here.
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