Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Recently in the War Room, I shared my views on position sizing with members. It's common for traders to start asking about risk management during these market downturns, such as last week when we saw the biggest drop in the Dow in over 11 months. But by then... it's already too late. It's like calling for insurance agent when your house is on fire and asking about that policy you should've bought and renewed. And the market can feel worse than a house fire when it's not going your way. Your portfolio can be decimated in a heartbeat. You might have noticed that your account balance seems to decrease faster on the way down than it increases on the way up. But, for every few thousand investors that lose their shirt in a down market or when a particular stock tanks, there is always at least one savvy investor who is prepared. The thing is, you want to be that "one" who was prepared. |
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