Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin

Proven money management techniques that can help today's trader excel

Not adhering to a sound money management program can expose a trader to unnecessary risk, and possibly destroy their account. A few essential money management techniques can make a big difference to the bottom line. In A Trader's Money Management System, author Bennett McDowell introduces readers to the most important elements of money management in trading. Topics covered throughout this book include how to design a program to get maximum profit from a trading system; how to calculate the best trade size on every trade; how to analyze profit/loss results and identify weaknesses in a strategy; plus much more. Along the way, McDowell also addresses the importance of risk control and stop loss exits. The book also includes a one-month free trial of the Trade Size Calculator software.

Bennett A. McDowell (San Diego, CA) founded TradersCoach.com® in 1998 and is an expert in technical analysis and complex trading platforms. He lectures nationally and writes articles for many prominent trading publications. McDowell is also a recognized leader in trading education and is the author of The ART® of Trading: Combining the Science of Technical Analysis with the Art of Reality-Based Trading, to be published by Wiley in 2008.