TY - BOOK AU - Balsara,Nauzer J. TI - Money management strategies for futures traders T2 - Wiley finance editions SN - 0471522155 AV - HG6024.A3 B35 1992 U1 - 332.6452 22 PY - 1992///] CY - New York PB - Wiley KW - Futures market KW - Futures KW - Investments N1 - 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 N2 - "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 ER -