Money Management Strategies for Futures Traders

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Distills complex theories for the benefit of the average trader with little or no background in finance or mathematics by offering a wide range of valuable, practical strategies for limiting risk, avoiding catastrophic losses and managing the futures portfolio to maximize profits. Numerous topics are explored including: why most traders lose at the futures game most of the time; why most mechanical trading systems are apt to fail; the probabilistic approach to trading; how to make stop-loss orders work for, rather than ...

Money Management Strategies for Futures Traders 1992, John Wiley & Sons, Inc., New York, NY

ISBN-13: 9780471522157

Hardcover

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