Is the TheRootofAllGoodisMoney Strategy risky?
Not at all, the TheRootofAllGoodisMoney Strategy is all about risk control. Risk is always commensurate with reward. If you are trying to “get rich quick,” the high risks you will have to assume will probably break you. Stock trading is not inherently risky. It is only as risky as you want to make it. Most people go bust because they can’t control themselves and the urge to gamble. A disciplined person who trades using the TheRootofAllGoodisMoney strategy and follows the rules of Initial Position Size (IPS) can reasonably expect minimal risk. The number one mistake among investors is not picking the wrong stock, it is in not scaling into a position properly. Most investors make the tragic mistake of putting too much money and energy into their first buy in a company, emotionally committing themselves to being right. When things go wrong and often they do, they are left paralyzed. Without a doubt, the most important aspect of investing is risk management. It is the most misunderstood el