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The phrase "reduce your risk" is correct and usable in written English.
You can use it when discussing strategies or actions aimed at minimizing potential dangers or negative outcomes.
Example: "To ensure a safer investment, it's crucial to reduce your risk by diversifying your portfolio."
Alternatives: "minimize your risk" or "lower your risk."
Exact(60)
"You reduce your risk".
Attend your smear, reduce your risk.
Eat smarter and reduce your risk for a heart attack?
Have a smear test, reduce your risk of cervical cancer.
You can also reduce your risk through hedging techniques.
There's a simple way to reduce your risk of being fleeced: don't bank online.
You'd hope that arranged marriage would reduce your risk of divorce and make you happier.
Or would you rather reduce your risk by a third by taking a statin?
Innovation capitalists reduce your risk by spending their money to develop a promising idea.
Yet there are ways to reduce your risk as well as prevent repeat attacks.
Diet and lifestyle changes can reduce your risk of another attack.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com