| Description |
1 online resource (xv, 302 pages) : illustrations (some color). |
| Series |
Wiley trading advantage |
|
Wiley trading advantage.
|
| Note |
Includes index. |
| Contents |
Martingale and Anti-Martingale -- The Kelly Formula -- A Banal Trading System -- Money Management Models -- Refining the Techniques -- The Monte Carlo Simulation -- The Work Plan -- Combining Forces -- Money Management When Trading Stocks -- Portfolio Management -- Discretionary Trading -- Questions and Answers -- APPENDIX I -- APPENDIX II -- APPENDIX III -- Online Trading. |
| Summary |
"The book describes the various operating methods used by traders and professional investors to calculate how much of their capital can be used in individual transactions. Money management is a fundamental aspect for managing risks faced by any trader when operating on the various financial markets. Most operators, in fact, focus on identifying the operational set-ups (entry levels, stop-loss, take profit, trailing-stop) and do not consider the impact, very often decisive, that a proper money management could have on the final results of its operations. Successful traders focus on risk management, avoiding opening positions that are too large with respect to the total capital they have available. Packed with practical examples and with special focus on money management or position-sizing, The Successful Trader's Guide to Money Management offers a comprehensive coverage of the widely practiced investment techniques, examining their strengths and weaknesses and explains the various operating models, in particular, the Fixed Fractional, Fixed Ratio and Percent Volatility models. With respect to portfolio management, it provides a thorough analysis and discussion on the Core Equity, Total Equity and Reduced Total Equity models. The book also offers essential tips for building and designing a trading system, trading on Forex and choosing a broker"-- Provided by publisher. |
| Subject |
Portfolio management.
|
|
Investments.
|
|
Gestion de portefeuille. |
|
Investissements. |
|
portfolios (financial records) |
|
Investments |
|
Portfolio management |
| Added Author |
John Wiley & Sons, publisher.
|
| Other Form: |
Print version: Unger, Andrea, 1966- Successful trader's guide to money management [Hoboken, New Jersey] : Wiley, 2021 9781119798804 (DLC) 2021018162 |
| ISBN |
9781119798828 electronic book |
|
1119798825 electronic book |
|
1119798817 electronic book |
|
9781119798835 electronic book |
|
1119798833 electronic book |
|
9781119798811 (electronic bk.) |
|
hardcover |
|
hardcover |
| Standard No. |
10.1002/9781119798835 doi |
|
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