What is ideal Risk Management method/methods s for stock portfolios with 25-30 stocks and around 50.000 USD invested in those stocks. Every stock bought will be kept in the portfolio for 1 to 12 months. (no day-trading)
I have been working in a bank where we use Value-at-Risk. My intuition tells me that VaR will be preferable for bigger portfolios and it might not be ideal in my case.
So; what kind of Risk Management tools/methods will you recommend?
I have not yet decided how "Risky" I am and how I will let Risk Manegenemt influence my strategy. At first I just want to setup a Risk Management system for having an overview.