V.13:10 (443-448): A Mathematical Game Plan by Gene Carey
Product Description
MONEY MANAGEMENT A Mathematical Game Plan by Gene Carey
Here's how the elements of a successful trading plan - profits, losses, commissions and slippage - can be used to quantify performance goals.
I t's a given: Operating with a game plan is a necessary ingredient in trading success. A trader needs to develop a plan that suits his or her personality and provides an efficient means of operating in the trading framework of choice, be it intraday trading the Standard & Poor's 500, position trading oats, or anything in between.
What does it mean to have a game plan? What is a game plan, how is it formulated, and why is it so important? Are there any elements to a game plan that may be considered universally applicable to any trading enterprise?
Traders come in many different types, but in broad terms they may be classified as either hedgers or speculators. Hedgers are usually large commercial enterprises, while speculators are generally independent traders with relatively limited trading capital and resources. In either case, an operation intent on generating profits from trading activity
should be considered and run as a business. While trading should ultimately be fun, this is a serious and important consideration, one that demands a sound framework - in other words, a game plan. So whether you are a hedger or a speculator, certain business considerations need to be formulated.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com. Take Control of Your Trading. |
Professional Traders' Starter Kit |
All these items shown below only $299.99! |
5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.) 5 year access to S&C Archive 5 year access to S&C Digital Edition5-year subscription to Traders.com Advantage. 5-year subscription to Working Money. Free book selection. |
|
Click Here to Order |
|