Money Management Archives - Page 3 of 4 - Trading articles

Backtesting and Data Mining

In this article we look at two related practices that are widely used called Backtesting and Data Mining. These are techniques that are powerful and valuable if we use them correctly, however traders often misuse them.

Money Management

Risk of Ruin

You may have heard it talked about, but exactly what is the 'Risk of Ruin?' In this article we look at the mathematics behind it and how you can avoid it by using money manangement effectively.

Money Management Psychology

Sun Tzu and Trading

The book 'The Art of War' by Sun Tzu may seem to have little to do with trading on the face of it, however dig a little deeper and some striking parallels can be seen.

Getting Started Money Management

Defense Wins

Why do people trade? For most, their primary motivation is to make money. Sure, there are secondary reasons however they all stem from the undeniable urge to make money.

Forex Getting Started Money Management

Placing Better Stops in Forex Trading

Does placing your stop just above resistance or below support sees you taken out of a trade more often than not? In this article we look at alternative methods for identifying stop positions.