Doubledown on overlapping strategies?

[HotTip]

I have multiple systems that sometimes yield the same long/short call on the same stock. In those cases, should I go ahead and doubledown on that stock? On one hand, they are different strategies, so I should treat it as two distinct investments. On the other hand, I'm exposing myself more to a single stock and can get doubly burned.

Does anyone ever encounter this problem in their trading? Just curious as to how other people would handle this phenomenon.

 

[Drock409]

if u tested ur system and it says to do that....just do it
dont question it

speakin from limited mechanical experience ..but from talkin to many mechanical traders

 

[ElectricSavant]

I like the idea to rank signals...I think it is the only valid use of money management to increase profits...scaling could be incorporated with multiple signals too, I suppose...

my only problem is to find signals that work...hehe..

Michael B.

 

[NanoTick]

Best way to know the answer is to back test your systems and see if the performance (reward/risk measures, etc.) improves doing one way or another.