New money management system?

nswnsw4 · Mar 12, 2023

As most of you know money management is key to being profitable. But most money management systems I have seen seems repetitive. The typical 2%, 1-2 profit loss ratio, set stop loss at 1.5 ATR. Do you guys have a money management system that is profitable and that is completely unique. Would be interested to hear.

barjon · Mar 12, 2023

No money management system can be profitable in its own right, it will probably keep you in the game for longer, though.

you might be interested in this https://www.trade2win.com/articles/2006-trading-business

Quantt · Mar 13, 2023

nswnsw4 said:
As most of you know money management is key to being profitable. But most money management systems I have seen seems repetitive. The typical 2%, 1-2 profit loss ratio, set stop loss at 1.5 ATR. Do you guys have a money management system that is profitable and that is completely unique. Would be interested to hear.

This should be based on your own trading systems and back testing, to start I would recommend checking Kelly criterion