NexusFi: Find Your Edge


Home Menu

 


Quotes by TradingView
Go Back   >  Psychology and Money Management  > 



money management > trading method?


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one mykee with 2 posts (6 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 cme4pif with 1 posts (2 thanks)
    4. looks_4 GFIs1 with 1 posts (0 thanks)
      Best Posters
    1. looks_one mykee with 3 thanks per post
    2. looks_two dryg with 2 thanks per post
    3. looks_3 cme4pif with 2 thanks per post
    4. looks_4 kevinkdog with 2 thanks per post
    1. trending_up 3,551 views
    2. thumb_up 13 thanks given
    3. group 6 followers
    1. forum 11 posts
    2. attach_file 0 attachments




Page 2 of 2 1 2
 
Search this Thread

money management > trading method?

  #11 (permalink)
 blb014 
Dallas, Texas
Elite Member
 
Experience: Intermediate
Platform: TOS
Trading: AAPL, /ES, IWM, SPY Options
Posts: 330 since Oct 2012
Thanks Given: 554
Thanks Received: 187


dryg View Post
Risk to reward ratio is not money management. It is rather the outcome of a winning trading method. Just because you aim to make 3 times as much as you lose in a statistical sense it does not mean you will succeed unless you have some edge. Money management has to do mostly with how much you risk on position, proper leverage, portfolio heat, etc.

You are right, if you talk with traders that have traded for decadeS, they will tell you money management is the key to long term success.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
How to apply profiles
Traders Hideout
Trade idea based off three indicators.
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Quant vue
Trading Reviews and Vendors
Better Renko Gaps
The Elite Circle
 
  #12 (permalink)
 solotrader 
Cyprus
 
Posts: 68 since Jul 2013

blb014 View Post
You are right, if you talk with traders that have traded for decadeS, they will tell you money management is the key to long term success.

Probably because they want to get rid off you and avoid answering questions about their edge.

Reply With Quote

Page 2 of 2 1 2



Last Updated on October 17, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts