Dr.
Van K. Tharp's Special
Report on Money Management
By Van K. Tharp Ph.D.
NOW,
in Downloadable PDF format. No shipping charges.
ORDER ONLINE
In this special report, written by Van K. Tharp, Ph.D., you'll learn
dozens of different models of money management—one of which could make a big
difference for you. The biggest secret that most people neglect in their quest for big
profits is proper money management (AKA Position Sizing™). Research has proven that about 90% of the variance in
performance between portfolio managers is due to money management. For the average trader,
it makes the difference between losing, and winning big—depending upon your
objectives. Probably the most valuable book any trader could own.
What you will learn from this
report:
•
The definition of position sizing (also called Money Management)
• 27
models of position sizing with three ways to measure equity
•
How to design high reward risk systems for money management
•
Four techniques to produce maximum profits
•
How to meet your objectives with position sizing
•
Optimal position sizing techniques
•
Understanding total, core, and reduced total equity models
•
Using group and portfolio heat.
•
Generalize "turtles" position sizing™ techniques
•
Market Wizard position sizing techniques
•
How to maintain constant risk
•
How to maintain constant volatility
•
Margin based position sizing
•
Equal leverage models.
Dr. Tharp calls this type of money management a "secret" because few people
seem to understand it, including many people who’ve written books on the topic. Some
people call it risk control, others call it diversification, and still others call it how
to "wisely" invest your money. However, the money management that is the key to
top trading and investing simply refers to the algorithm that tells you "how
much" with respect to any particular position in the market.
That is why Dr. Tharp now calls this concept position sizing.
As if the issue of money management weren’t confusing enough on its own, there are
also many psychological biases that keep people from practicing sound money management.
And, there are practical considerations, such as not understanding money management or not
having sufficient funds to practice sound money management.
"Few traders understand
the need for position sizing; not much is published on the subject.
One work is Tharp’s Special Report on Money Management,
which covers the basics of a wide range of viable position sizing
techniques and gives references for more thorough inquiry."—Scott
Brown, The Path Less Traded, The Technical Analysis of Stocks and
Commodities, September 1998
This report is written to give you an overall understanding of the topic and to show
you various models of money management.
Read
an excerpt of the report...
Review the table of contents
...
ORDER ONLINE
NOW, in
Downloadable PDF format. No shipping charges.
Compare the information in the DVD's to the Special
Report on Money Management and the book Trade Your Way to Financial
Freedom. Click
here
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