MONEY MANAGEMENT STRATEGIES FOR FUTURES TRADERS(ebook)

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In a sense, every successful trader employs money management principles

in the course of futures trading, even if only unconsciously. The

goal of this book is to facilitate a more conscious and rigorous adoption

of these principles in everyday trading. This chapter outlines the money

management process in terms of market selection, exposure control,

trade-specific risk assessment, and the allocation of capital across competing

opportunities. In doing so, it gives the reader a broad overview

of the book.

A signal to buy or sell a commodity may be generated by a technical

or chart-based study of historical data. Fundamental analysis, or a study

of demand and supply forces influencing the price of a commodity, could

also be used to generate trading signals. Important as signal generation

is, it is not the focus of this book. The focus of this book is on the

decision-making process that follows a signal.

Download MONEY MANAGEMENT STRATEGIES FOR FUTURES TRADERS

 

thanks for the ebook , it's useful

 

I have read these books are the!

Would like to help all

 

Put two rookie traders in front of the screen, provide them with your best high-probability set-up, and for good measure, have each one take the opposite side of the trade. More than likely, both will wind up losing money. However, if you take two pros and have they trade in the opposite direction of each other, quite frequently both traders will wind up making money - despite the seeming contradiction of the premise. What's the difference? What is the most important factor separating the seasoned traders from the amateurs? The answer is money management.

 

Thanks for the book.

Reealjrd - the reason for the difference in performance lies in their mindset, and only partially in Money Management. Mindset is what separates the winners from losers. Read 'Trading In The Zone'.

 

Thanks for the book.

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