Posts Tagged ‘money management’

Dec
07

I have seen the hedged grid system been used successfully (and highly unsuccessfully) over the last few years. Unfortunately the failures tend to discourage traders from taking advantage of this great system. I have found that the failures are mainly due to ignorance, impatience and greed (common reasons for trading failure).

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Dec
06

Money management deals with the question of how much risk a decision maker should take in situations where uncertainty is present. More precisely the percentage or the part of the decision maker’s wealth should be put into risk in order to maximize the decision maker’s utility function.

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