Money management algorithms including losses...

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Murat Yazici
1309
Murat Yazici  

Hi all,

What kind of money mangement algorithms, systems including losses there are in the literature. Do you have any ideas?

Sebastiaan Van Hattum
128
Sebastiaan Van Hattum  
Murat Yazici:

Hi all,

What kind of money mangement algorithms, systems including losses there are in the literature. Do you have any ideas?


What do you mean with money management? For each trade, based on your balance, 1 or more algorithms?

There are a couple of standard formulas like Larry Williams Moneymanagement: Account balance * Risk %/Largest Loss = contracts, but I can't say I know a lot of them. I prefer to think about my own riskmanagement (I don't have to find the exact balance between profit and blow up my account).

Murat Yazici
1309
Murat Yazici  
Sebastiaan Van Hattum:

What do you mean with money management? For each trade, based on your balance, 1 or more algorithms?

There are a couple of standard formulas like Larry Williams Moneymanagement: Account balance * Risk %/Largest Loss = contracts, but I can't say I know a lot of them. I prefer to think about my own riskmanagement (I don't have to find the exact balance between profit and blow up my account).


Assume each trades have fixed lots. First trade is closed with profit, second trade is closed with profit, third trade is closed loss. Profits are 10 usd and 10 usd fixed. Losses are 40 usd fixed.

I wonder if there are any money management algorithms including losses like above.

soubra2003
31843
soubra2003  
Murat Yazici
1309
Murat Yazici  

What does Advanced Money Manahgement expert excatlly, Mohammad? Can you give more information, please?

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