The Trading Game: Playing by the Numbers to Make Millions

Trading 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. With clear explanations on how to harness the power of money management for any trading system, The Trading Game walks traders through the entire process, including how many trades to place, what maximum drawdowns will be, and how to combine different markets and different systems for diversification.

Table of Contents:

Why? What? Where? When? Who? and How?
Why (proper) Money Management?
Types of Money Management.
Practical Facts.
Fixed Fractional Trading.
Fixed Ratio Trading.
Rate of Decrease.
Practical Application of the Fixed Ratio Method.
Portfolios.
Market Weighting.
Market Weighting THROUGH Money Management NOT BEFORE It.
Other Profit Protecting Measures.
Risk or Ruin.
Optimization.
CTA's and Money Management.
Money Management Marriage.
Putting it All Together.