Money management is what allows you to protect your capital and also optimize your trading performance. If you don't apply strict money management, you can't win in the financial markets. Managing your risk well means having the right position sizes, knowing how to place and move your stop losses, taking into account the risk ratio. Money management allows you to trade without stress.
This book is a step-by-step tutorial on money management for any beginner wishing to apply the optimality criterion to trading. It supplies all the information needed to implement a successful even though the careful approach to money management. Additional concepts and tools to implement the Kelly criterion are introduced and explained in a simple and clear way.
The information in this book is all you need to know to implement Money Management in your trading.Money management is what allows you to protect your capital and also optimize your trading performance. If you don't apply strict money management, you can't win in the financial markets. Managing your risk well means having the right position sizes, knowing how to place and move your stop losses, taking into account the risk ratio. Money management allows you to trade without stress.
This book is a step-by-step tutorial on money management for any beginner wishing to apply the optimality criterion to trading. It supplies all the information needed to implement a successful even though the careful approach to money management. Additional concepts and tools to implement the Kelly criterion are introduced and explained in a simple and clear way.
The information in this book is all you need to know to implement Money Management in your trading.Money management is what allows you to protect your capital and also optimize your trading performance. If you don't apply strict money management, you can't win in the financial markets. Managing your risk well means having the right position sizes, knowing how to place and move your stop l
