Money Management Strategies for Futures Traders

By Nauzer J. Balsara

Book Overview

Distills complex theories for the benefit of the average trader with little or no background in finance or mathematics by offering a wide range of valuable, practical strategies for limiting risk, avoiding catastrophic losses and managing the futures portfolio to maximize profits. Numerous topics are explored including: why most traders lose at the futures game most of the time; why most mechanical trading systems are apt to fail; the probabilistic approach to trading; how to make stop-loss orders work for, rather than against you; the pros and cons of options versus futures trading; and how to limit risk through diversification.

• Format: Hardcover
• Language: English
• ISBN: 0471522155
• ISBN13: 9780471522157
• Release Date: April 1992
• Publisher: Wiley
• Length: 288 Pages
• Weight: 1.30 lbs.
• Dimensions: 0.9" x 6.2" x 9.2"