When "contagion" spreads, it is sometimes best to step aside and reduce positions because psychology and emotions can also spread - causing markets to move past any "reasonable" level.

当“歪风”蔓延开来的时候，有时最好站在一旁减少头寸。因为心理和情绪也会蔓延，这将导致市场移动到“合理的”水平。

youdao

So, when one of these positions reverses, the effects spread rapidly as speculators bail out of their positions to reduce risk and preserve their capital.

因此，当一个领域状况发生逆转，投机者就会撤出资金来降低风险和保护自己的资本，这会使这种撤出效应会迅速传播。

youdao

Exxon's spread helps diversify its risks; and it positions the firm well to leap into new growth markets, such as China.

埃克森的扩张有助于分散风险，除此之外，它还迅速侵占了海外新兴市场，比如在中国，它已经设立了公司。

youdao

The combination of long stock and debit put spread positions the trader to make money on the upside if shares in Cree continue to rally, while also providing downside protection in the event of a pullback through February expiration.

FORBES: Bulls Barge Into Cree Call Options Before Earnings, Speculate On Sears

Another benefit is that bond funds spread out their positions over many individual issues, and this can reduce credit (default) risk.

FORBES: 5 Reasons Why Bond Funds Can Help You Navigate Bond Market Headwinds Successfully

At Liverpool, he said, they were called "shape" drills: 15- or 20-minute sequences where players are coached to spread the field and quickly trade positions, just as they are instructed to when they're chasing a late goal.

WSJ: Comebacks in Final 20 Minutes Are United's Signature