I'm trying to be diversified in my trading. By this, I don't mean UK stocks, US stocks, European stocks. I mean buying instruments that have little correlation so that if one market takes a tumble, another won't.
I do not want to sit at a computer all day. I have a day job and only check things eod. I'm thinking: Dow Jones Index for stocks; £/$ for currencies; and one other. It's the one other I'm not sure about. A bond product? Oil or gold? Not sure, don't know which offers the best non-correlation, or if there's something different that would do the job better.
Ideas welcome.
Wheaters.
I do not want to sit at a computer all day. I have a day job and only check things eod. I'm thinking: Dow Jones Index for stocks; £/$ for currencies; and one other. It's the one other I'm not sure about. A bond product? Oil or gold? Not sure, don't know which offers the best non-correlation, or if there's something different that would do the job better.
Ideas welcome.
Wheaters.
