MrSwing.com is doing a series of articles on money management, expectancy, trading as a business, etc. Here are the first installments: So You Want To Be A Millionaire? – Money Management Makes Trading a Business and Not a Boondoggle – (Part 1) So You Want To Be A Millionaire? – Money Management Makes Trading a [...]
Posted by 24 June 2004
Free Positions!
Posted by 19 May 2004
Trading 101: Expectancy
Expectancy along with position sizing are probably the two most important factors in trading/investing success. Sadly most people have never even heard of the concept. Out of the 30 or so trading books I’ve read only a few even touch on any aspect of money management. Only one of those handful of books discussed expectancy. [...]
Posted by 9 December 2003
Buying Breakouts
TradingMarkets.com has posted an interesting study comparing the results of buying breakouts to buying pullbacks. The results are rather surprising to me. According to the methodology used in the study you would make more money shorting breakouts to new highs than buying them. Although I’m not a big proponent of buying breakouts I can’t help [...]
