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Manage Risk in Your Portfolio



Leverage, options and other types of speculation require one special talent, KISS: Keep It Simple Stupid. Sometimes the best advice is the hardest to follow especially for new investors hell-bent on making a killing on their first go. Use these tips to manage risk in your own portfolio:

  • Set aside funds for other trades. Don't put all of your eggs in one basket.
  • Sit some out. Don't chase every deal. Focus on what you know and understand.
  • Diversify. Buy several stocks in several industries to spread your risk.
Support & Resistance Simplified Book: Smart Things to Know about Risk Management


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