Lower ADR% names can still work for a swing traders' portfolio but you have to accept longer holding periods, larger capital allocation, and slower capital turnover.
The key is to capped those holdings to just less than 50% of your account equity.
I’m still holding $Invesco DB Agriculture Fund(DBA)$ (0.69% ADR) since Feb 20 on ascending triangle breakout. But it was the only few opportunities that reflect relative strength when market is printing lower high before the subsequent 6-weeks correction.
It locked you capital in good place without feeling the need to do anything excessive and unnecessary in the market. David Ryan does advocate on having a portfolio mixed of various beta securities.
$Versant Media Group Inc(VSNT)$ is not an obvious name to the market, fresh IPO but unlucky to launch at peak of the market, in a sector and group that just begin RS attempt from 28th but name is already pushing higher low on VCP since 24th. The reward-risk, holistically, can't be ignore.
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