ASX & US Stock Market Update by Nick Radge - 6th August 2021.

www.thechartist.com.au A quick update of the ASX and US stock markets by Nick Radge. Nck also reviews the performance of his portfolio year to date.
Use the Portfolio Comparison Matrix to find the right strategy for you. www.thechartist.com.au/portfo...

[@rosh_unb3944]

Awesome.. how do you allocate risk across such portfolio?

[@TheChartistAU]

Risk is dispersed by trading different strategies. When one strategy is doing well another may not be.

[@rosh_unb3944]

@@TheChartistAU Thanks Nick for replying. Btw Your new 'free' course brings a lot of clarity. Thanks for helping people who cant afford in this time of need. What is your course of action if lets say your multiple strategies go into a drawdown simultaneously, then do you decrease risk equally across the board or its a selective risk decrease based upon strategy historic performance?

[@nickradge5116]

@@rosh_unb3944 just need to roll with it. It's a long term business

[@rosh_unb3944]

@@nickradge5116 I understand and agree. Thanks fro responding Nick.

[@TheChartistAU]

Each strategy has its own rules so I will follow the rules for each strategy.