I manage a couple portfolios, each have different trading ideologies. I utilise multiple instruments with these so it's not always possible to reflect my actual portfolio or investment decisions herein. But, do like to have a few of my more speculative asx equities in my Strawman portfolio.
I manage 4 portfolios in the real world, and all are different, although three of them have plenty of cross-overs (holdings across multiple portfolios). The fourth portfolio is a small 3-stock portfolio (MGF, MHH & FGX) that I manage for my son and daughter. They have paid for those shares with their own money, but it's in my name for tax and accounting purposes at this stage. My eldest is turning 18 this year, so I will likely transfer that portfolio into her name later this year, or at least her half of it.
Most of my real life positions across those 4 portfolios are also on my Strawman.com scorecard, but not all, and the weightings are not the same. Examples of positions I hold in real life that are NOT on my Strawman.com scorecard include Codan (CDA), bought at MUCH cheaper prices before I joined Strawman.com, Service Stream (SSM, bought recently after a big share price fall related to BSA gaining the main metro NBN contracts in NSW and Victoria, that one is just a short term trade based on their results and outlook being better than the market expects, and I just haven't gotten around to adding them to my Strawman.com scorecard yet), Wesfarmers (WES, don't look cheap enough to add here, I bought them at much lower levels), GOR, RMS and QAU. Those last 3, being two smaller gold producers and a currency hedged gold ETF, are in my SMSF, which I don't fiddle with very often.
Conversely, there are plenty of positions on my Strawman.com scorecard that I do NOT currently hold in real life, but would like to if I had more funds to invest, including PME, NXL, XRO, TNT, XRF, MX1, AD8, MEP, MLD, GNG, CMM, RUL and ALK. I have held most of those previously but have since sold out to buy shares in other companies.
I think it would be hard to closely replicate one of my real life portfolios here on Strawman.com, mostly because I always use limit orders and only buy and sell at prices I am happy with, not closing day prices, but also because Strawman.com does not allow for SPPs (share purchase plans), REOs (retail entitlement offers), or even all-cash settlement of dividends, distributions and capital returns. Also, ETFs are not included here - and while I only currently hold one ETF (QAU), I do also hold others at various times. Don't get me wrong - I think this site is very valuable, and I like it a lot, however I don't think it's designed for replicating real life portfolios closely. For that I would use Sharesight.com. (And I do.)
Portfolios are similar but not the same. Weighting is different. However, my weighting on Strawman probably indicates my conviction.
I might have a few extras in my Strawman portfolio that I am watching or want to do further research on before buying in my real porfolio.
I use my strawman portfolio as a paper trader, I do indeed try to use it as if i was using my own portfolio and i do ideed hold many of the stocks.
I think this is a great tool to try new stratigies before I commit my own money.