At one point of time or another, almost every person has heard this common phrase… “don’t put all your eggs in one basket”.
But did you know that it’s also valuable when trading?
Despite wishing for all your positions to skyrocket, there will be periods of time when some of your trades lose money and when that occurs… you’ll need other investments to offset that decline.
And that’s where diversification comes into play. Diversification is a risk management strategy that attempts to limit exposure and yield higher long-term returns by mixing a wide variety of investments within one’s portfolio.
In today’s video, I’m going to teach you the basics of risk management [including one theory to avoid] and how to add a broad range of investments to your portfolio.
If you’re looking for a strong, consistent system that’ll add trades like these to your book… then you need to watch this video.
In fact, if you invested $1,000 into this approach 20 years ago, you’d be sitting on over $6 million. Just imagine how your life could change!