The Successful Trader's Guide to Money Management : Proven Strategies, Applications, and Management Techniques

Cover -- Title Page -- Copyright -- Contents -- Foreword -- Preface -- Chapter 1 Martingale and Anti‐Martingale -- 1.1 The Right Stake -- 1.2 Martingale -- 1.3 Anti‐Martingale -- 1.4 More Examples -- 1.5 A Miraculous Technique? -- 1.6 Conclusions -- Chapter 2 The Kelly Formula -- 2.1 Kelly and Co. -- 2.2 Conclusions -- Reference -- Chapter 3 A Banal Trading System -- 3.1 Analyzing a System Based on Moving Averages -- 3.2 Applying the Kelly Formula -- 3.3 Conclusions -- Chapter 4 Money Management Models -- 4.1 The Fixed Fractional Method -- 4.2 Optimal f -- 4.3 Secure f -- 4.4 Fixed Ratio -- 4.5 Percent Volatility Model -- 4.6 Levels for Changing the Number of Contracts -- 4.7 Conclusions -- References -- Chapter 5 Refining the Techniques -- 5.1 The Importance of the Trader's Temperament -- 5.2 Reduced f -- 5.3 Aggressive Ratio -- 5.4 Asymmetric Ratio -- 5.5 Timid Bold Equity -- 5.6 Equity Curve Trading -- 5.7 z‐Score -- 5.8 Conclusions -- References -- Chapter 6 The Monte Carlo Simulation -- 6.1 Using the Monte Carlo Simulation -- 6.2 Maximum Loss -- 6.3 Conclusions -- Chapter 7 The Work Plan -- 7.1 Using a Work Plan -- 7.2 Conclusions -- Chapter 8 Combining Forces -- 8.1 Using a Combination of Systems -- 8.2 Portfolio Money Management -- 8.3 Which Capital? -- 8.4 The Effects of Portfolio Money Management -- 8.5 Conclusions -- Reference -- Chapter 9 Money Management When Trading Stocks -- 9.1 Trading in the Stock Market -- 9.2 Conclusions -- Chapter 10 Portfolio Management -- 10.1 A Portfolio Approach -- 10.2 Some Improvements to the System -- 10.3 Conclusions -- Chapter 11 Discretionary Trading -- 11.1 Trading Criteria and Definition -- 11.2 An Example: Mediaset -- 11.3 Adjusting Volatility During the Trade -- 11.4 Trading Futures -- 11.5 Conclusions -- Chapter12 Questions and Answers -- Appendix I.