Your Crash Potential by Wolf von Ronik
One of the fundamental realities of successful trading is the fact that the longer you can stay alive financially in the market, the greater your chance of monetary gain.
The key to improving your chance of doing so is the implementation of a sound money management policy.
Unfortunately, many neophytes — as well as a few old hands — invest most of their energies into trying to create the ultimate, foolproof trading program instead. Money management alone can increase your chances of trading survival. Here’s a practical explanation.