Money management strategies for futures traders /
Balsara, Nauzer J., 1954-
Money management strategies for futures traders / Nauzer J. Balsara. - xiv, 267 pages : illustrations ; 24 cm. - Wiley finance editions . - Wiley trading advantage. .
Includes index.
Understanding the Money Management Process -- The Dynamics of Ruin -- Estimating Risk and Reward -- Limiting Risk Through Diversification -- Commodity Selection -- Managing Unrealized Profits and Losses -- Managing the Bankroll: Controlling Exposure -- Managing the Bankroll: Allocating Capital -- The Role of Mechanical Trading Systems -- Back to the Basics.
"Distills complex theories for the benefit of the average trader with little or no background in finance or mathematics by offering a wide range of valuable, practical strategies for limiting risk, avoiding catastrophic losses and managing the futures portfolio to maximize profits. Numerous topics are explored including: why most traders lose at the futures game most of the time; why most mechanical trading systems are apt to fail; the probabilistic approach to trading; how to make stop-loss orders work for, rather than against you; the pros and cons of options versus futures trading; and how to limit risk through diversification."--Publisher description.
0471522155 9780471522157
91038287
Futures market
Futures
Investments
HG6024.A3 / B35 1992
332.6452
Money management strategies for futures traders / Nauzer J. Balsara. - xiv, 267 pages : illustrations ; 24 cm. - Wiley finance editions . - Wiley trading advantage. .
Includes index.
Understanding the Money Management Process -- The Dynamics of Ruin -- Estimating Risk and Reward -- Limiting Risk Through Diversification -- Commodity Selection -- Managing Unrealized Profits and Losses -- Managing the Bankroll: Controlling Exposure -- Managing the Bankroll: Allocating Capital -- The Role of Mechanical Trading Systems -- Back to the Basics.
"Distills complex theories for the benefit of the average trader with little or no background in finance or mathematics by offering a wide range of valuable, practical strategies for limiting risk, avoiding catastrophic losses and managing the futures portfolio to maximize profits. Numerous topics are explored including: why most traders lose at the futures game most of the time; why most mechanical trading systems are apt to fail; the probabilistic approach to trading; how to make stop-loss orders work for, rather than against you; the pros and cons of options versus futures trading; and how to limit risk through diversification."--Publisher description.
0471522155 9780471522157
91038287
Futures market
Futures
Investments
HG6024.A3 / B35 1992
332.6452