13'sBoard

[Agent13]

Diversify
This doesn't mean you need 100 stocks bonds commodities in your account. But diversify equally in your purchasing. If you are going to be wrong sometimes, and you are going to be wrong, make sure you equally diversify your purchases. A mistake I have made is purchasing more of my favorite and less of another possible winner. Don't do it. Keep lots even and don't load up in correlated markets. It's simple. If you do this , then you will be able to profit with less correct picks. I've had a stellar month and had losers 2 to 1. Only because I picked even $ amount lots and cut losses very quickly. To me this is the meaning of diversification. Even lot amounts, no biases, and a diverse pool of choices to buy from. GL.