Description
Book SynopsisTrading systems abound, yet many only work for a limited period of time. To get-and maintain-an edge on a regular basis, traders need effective money/risk management strategies. This practical resource provides risk management techniques that are not only accessible, but that will lead to consistent and regular profits.
Table of ContentsWhy? What? Where? When? Who? How?
Why (Proper) Money Management?
Types of Money Management.
Practical Facts.
Fixed Fractional Trading.
Fixed Ratio Trading.
Rate of Decrease.
Portfolios.
Market Weighting.
Market Weighting through Money Management, Not before It.
Other Profit Protecting Measures.
Risk of Ruin.
The System.
Optimization.
Commodity Trading Advisors (CTAs) and Money Management.
Money Management Marriage.
Putting It All Together.
Index.
