Portfolio·2026-11-11·5 min read·Striv Research · usestriv.com
Keeping Spot Holdings Apart from Futures Books
Mixing long-term spot accumulation lots and defensive hedges with leveraged futures distorts win rates and drawdown math.
Two incompatible timeframes in one table
Long-term spot accumulation relies on multi-month conviction and blended cost-average entry price. Leveraged futures rely on tight invalidation, margin discipline, and tracking funding drag.
Combining both inside one undifferentiated journal makes holding durations unreadable and disguises leverage mistakes behind spot appreciation.
How dedicated Portfolio Books isolate edge
- Spot holdings maintain clean average cost basis across partial buys without futures funding distortion.
- Futures books isolate true realized win rate, profit factor, and consecutive-loss streaks per review playbook.
- Portfolio filters still let you view aggregate equity and total asset overlap across books before sizing new positions.