Hi LG,

Diversity is one of the cornerstones of financial management. Providing that all your interests don't all go south at the same time. Which could happen even if your methods are all profitable long term. This is where the bank management comes into play. Investments should be structured in such a way that your bank (and head) should survive, but that assumes that you actually have a profitable long term method. I think that many people convince themselves that they do not and give up. At the same time I acknowledge that the other side of the coin is how long do you throw good money after bad before you eliminate a method. This brings us back to the start and what people want to know, how can you measure/ascertain that a system is profitable long term and how do you manage the investments and your emotions.

__________________
Michal - Ratings2Win Pty Ltd
R2W Axis - Axis is Australia's leading horse racing software and database;
with sophisticated form analysis tools and accurate horse performance ratings for TAB meetings.
http://www.ratings2win.com.au/