Mr. Swing on Money Management
Posted on July 16th, 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:
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.” 
This post has 2 comments
November 5th, 2004
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
November 5th, 2004
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.
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