money management | Forex Factory

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money management

  • #1
  • First Post: Jul 16, 2006 1:20am Jul 16, 2006 1:20am
Any one here have some good reading material on money management? Any e-books or good websites to go to?
JOHN 3:16
  • #2
  • Jul 16, 2006 2:55am Jul 16, 2006 2:55am
Quoting renasdad
Any one here have some good reading material on money management? Any e-books or good websites to go to?
Hi renasdad
Have you read our man FijiTrader's section http://www.forexfactory.com/forexfor...splay.php?f=41
Apart from anything else he'll always answer any questions and you know he's part of a solid team here
Pete
  • #3
  • Edited 3:35am Jul 16, 2006 3:14am | Edited 3:35am
In Figi's sections, it explains what money management is all about. It doesn't eplain the differant methods that can be used. I am looking more for certain methods used for money management. It is good to read that but, I am looking for the more in depth part of it. There are many differant ways to use money management. Believe me, Thousands of pages out there on search engines. I was just curious to see what others had for reading.
JOHN 3:16
  • #4
  • Jul 16, 2006 3:38am Jul 16, 2006 3:38am
Quoting renasdad
Yes, I have read that. I am looking more for certain methods used for money management. It is good to read that but, I am looking for the more in depth part of it. There are many differant ways to use money monagement. Believe me, Thousands of pages out there on search engines. I was just curious to see what others had for reading.
I almost didn't post my message originally as you didn't seem the sort of guy to not have fully explored the Forum, but I also thought you might be a bit like me and keep putting Fiji's section on the back-burner.
As I get to go live with a proper account I'm going to have to study this more.
Peter
  • #5
  • Jul 16, 2006 4:23am Jul 16, 2006 4:23am
A book on money management is the "Trading Game", by Ryan Jones. He exposes the most common method (fixed fractional) along his own (fixed ratio), and details what numbers to look at in a system's report, among other things.

Quoting renasdad
Any one here have some good reading material on money management? Any e-books or good websites to go to?
  • #6
  • Last Post: Jul 16, 2006 6:07am Jul 16, 2006 6:07am
Hmmm... if I remember it right, merlin mentioned that he likes Fred Gehm's "Quantitive Trading and Money Management" better than Ralph Vince.

You might also want to check him out.
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