Clear, concise, and practical, The Trading Game shows you how to harness the power of money management for any trading method "The goal of most futures traders is to make a million dollars as fast and as painlessly as possible. Unfortunately, few traders achieve this goal. In The Trading Game, Ryan Jones demonstrates how the proper application of his new money management strategy, Fixed Ratio Trading, can enable an average trading system to earn spectacular profits. My advice? Don't trade until you've spent as much time and effort on money management as you've spent on developing your entry and exit rules." -Tom Bierovic, Manager System Trading & Development Education, Omega Research, Inc. "Ryan Jones is on the cutting edge of the most important element in the art of speculation-be it stocks or commodities-money management."
Table of Contents
||Why? What? Where? When? Who? How?
||Why (Proper) Money Management?
||Types of Money Management
||Fixed Fractional Trading
||Fixed Ratio Trading
||Rate of Decrease
||Market Weighting through Money Management, Not before It
||Other Profit Protecting Measures
||Risk of Ruin
||Commodity Trading Advisors (CTAs) and Money Management
||Money Management Marriage
||Putting It All Together