Managing Your Portfolio Risk and Your Anxiety
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This video covers the use of our Portfolio Tracker Spreadsheet.
Getting a proper handle on your risk-reward metrics has never been easier. It’s also a powerful technique to deal with the anxiety that investing can trigger in you.
There’s comfort in the knowledge of the exact dollar amount that you stand to gain or lose for each position. It readies your mental state for taking profits or absorbing losses. This type of mental preparedness will decrease the amount of emotional mistakes that you are prone to experience.
Enjoy!
- Andrei