Now lets add some items to the programmed trading solution Many traders use a Chandelier Stop (CS) or trailing stop that is based on the...
Now let us discuss some other trade management scenarios. This one will be a programmed trading solution. One of the toughest problems in...
Let us start with some simple examples. The first object of the trader is set up is a basic business model. This will answer what kind of risks...
When you test an edge or strategy it will show you where they risks are. Do you know how to identify them? That is the lost important part. By the...
How many times do I have to say it.. With my method: There is no formula for position size. There is no formula for position size. There is no...
Iâm not an academic like I was in my youth. I have a trading business to run. Statements like âMost say "don't risk MORE than 2% of your...
I could care less what is in print or if some author âmayâ have had presented âmyâ alternative in literature. If you read what I wrote...
I tried to make Kelly math work for me about 8 years ago, I think, but it failed with trading my automated strategy that uses reversals. At the...
Thank you. This is a book I have not read. I will have to get one.
It is now no wonder we learn so little on ETâs forums. I am always amazed at how little leverage we give an idea on these forums. But,...
Yes, Vince Ralph was a giant way ahead of his time in the early 1990s. He had some interesting empirical techniques, especially in the area of...
Thank you. I agree with you completely.
I will think about your comments this summer at my lake cottage while I relax in retirement (from the profits of using this method). In fact I...
Thank you for your question Charlton. Please give me a second to answer your question. In most authors books position sizing is computed first...
Thanks you all for your remarks. I hear you. Give me time to build up to how this works. Lets start with what we all see every day. The text below...
Thanks for your comments. This was part of applying a lifetimeâs work to my passion for trading. It is a different approach to trade management...
The period of performance measurement means how many trades (could be a range or specific number) are in your trade review. Here is an example:...
Trade planning and Trade Management are connected at the hip. Yet there is little I could find in print about how to affectively connect these two...
As many of you know from my prior posts in Trade Planning and Trade Management it a subject that I have thought and wrote about almost as much as...
I thank all of you for your kind words. Tommorrow will be the start of the thread.
Separate names with a comma.