Things that feel like risk management: Checking the portfolio before breakfast. Price alerts on every position. A fourteenth newsletter subscription. Watching a chart you have no plan to act on. Things that are risk management: Position sizes decided before entry. An exit written down while you are still calm. An allocation you can hold through a 30% drawdown without touching your phone. The first list burns attention. The second list runs quietly in the background, which is why nobody posts about it.
Tan Gera, CFAShare
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