Investing and Trading: Money Management and Diversification
My Daily Blog is at: http://investorandtrader.blogspot.com/Here we are again!! Money management! Money management assists you whether you are a day trader, a stock swing trader, a forex trader, involved with Commodity Futures, or even as an investor.In the previous entry, I discussed how important it is to consider the overall strategy, or business plan that you are going to use when approaching your account.In this video, I would like to discuss a strategy of money management that applies to Investing.DiversificationNOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance.
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