RSS Feed for This PostCurrent Article

Mr. Swing on Money Management

By Michael on Jul 16, 2004 in Books / Reading, Trading Techniques

MrSwing.com is doing a series of articles on money management, expectancy, trading as a business, etc. Here are the first installments:

So You Want To Be A Millionaire? – Money Management Makes Trading a Business and Not a Boondoggle - (Part 1)

So You Want To Be A Millionaire? – Money Management Makes Trading a Business and Not a Boondoggle - (Part 2A)

Part 2B should be a fun one: “In part 2B, of this series, I am going to attempt to show that even those of you who only attend the church of “buy and hold” are also actually trading, and that your risk of ruin can be substantial.” :-o

Tags: , , , ,

Trackback URL

  1. 2 Comment(s)

  2. By George Koller on Nov 5, 2004 | Reply

    I sure enjoyed article on “Expectancy” and am trying to sort my “that is just common sense” and “wow!!!” reactions out. Can’t.

    Are you aware of any software that has Expectancy built into the heart of it?

    I haven’t, but think I’m writing one based on a statistical model that can be tweaked per stock and an ability to build market models then rank a set of stocks as the respond to RT market data.

    Sure would be glad to chat with folks that might understand this, I have almost decided to “dumb down” the system to using a single number like the NAIC style “Buy” point.

    The software seems to me to have huge potential for folks that want to share / swap their expectancy for stocks in a instant web-enabled manner.

    Thunk

  3. By Michael on Nov 5, 2004 | Reply

    George,

    No, I don’t know of any software with expectancy built in. Maybe there’s something for TradeStation or one of those type packages.

  1. 1 Trackback(s)

  2. Aug 13, 2004: Trader Mike

Sorry, comments for this entry are closed at this time.