Market correlations and risk

Say I trade energies, fixed interest, currencies and stock indices. How do I manage my risk? Like I might be short usd/yen and long euro/usd but I am still overall short USD vs yen and euro so I might have double the risk rather than 2 separate trades. Or if I am long the ES but short ZN and they tend to be inversely correlated. So I guess really I would like help in understanding how I can spread risk accross multiple markets I guess.... without accidentally doubling down.

"Inter-Market Correlations" report
http://www.mrci.com/web/free-futures-research.html
Linda Bradford Raschke mentions it in a YouTube published interview.

The link appears to be down at the moment. You can Google for other sources.
 
Back
Top