Hey guys - I’m new to smart portfolios and I’m trying to figure out if I should try them or just stick to the regular auto trade strategy selection. The one advantage I see with smart portfolios is the daily rate/switch option, but it doesn’t look like it may smart scale yet?
If you watch the video that Matthew Klein posted:
There is no way to scale strategies individually within a smart portfolio, they all have equal weights. Yes there is a way to scale each trade but that doesn’t translate to custom scaling.
What I’m looking for is a way to scale the strategies the smart portfolio picks automatically to my broker account balance. Let’s say my balance is 250K, and the smart portfolio picks up 3 strategies A, B, C with model account sizes 100K, 50K and 25K.
What I need smart portfolios to do is smart scale that with equal weights to “fill” my entire brokerage account balance. Thus it should scale trades within A to 1x, B to 2x and C to 2x automatically
We need a way to specify the brokerage account balance percentage that we want a smart portfolio to “smart” control automatically (obviously most people would want to max this out).
Feedback welcome thanks