Money Management Explorer 1.32 Download

Money Management Explorer 1.32 Description

"Money Management Explorer - software for money management and position sizing"

EditByBSEditor: Money Management has many names: asset allocation, position sizing, bet size, portfolio heat, portfolio allocation. Money Management(position sizing) is one of the most important and least understood concepts with losing traders. It is not risk control, not diversification, not avoiding risks, not stop-loss.

Money Management tells you how many shares(contracts) to buy and how much of your account to place on next trade.
Whenever you enter a trade, you have made two decisions: not only have you decided whether to enter long or short, you have also decided upon the quantity to trade in. Most traders Gloss over this decision about quantity. They feel that it is somewhat arbitrary in that it doesn't much matter what quantity they have on. What matters is that they be right about the direction of the trade. The decision regarding quantity for a given trade is as important as the decision to enter long or short. While your trading system tell you what, when and how to trade, a money management(position sizing) strategy tells you how much to trade.

Based on your trading statistics (actually effected or generated using historical data) Money Management Explorer will perform a comprehensive analysis of your trading system. Unlike the majority of technical analysis programs (such as TradeStation or MetaStock) Money Management Explorer allows you to do the analysis considering various money management(position sizing) strategies. You can track how strategy changes influence parameters and characteristics of your trading system. The optimization module will provide you with the best money management variants based on conditions determined by you.

Overview of features

* High-speed comprehensive Analysis of your trading system
* Various Money Management Strategies
* Money Management Optimization
* Import your data from other programs : TradeStation and MetaStock
* Trading Simulator based on your trading histrory you can free download Money Management Explorer 1.32 now.

Money Management Explorer 1.32 Keywords

money management

Money Management Explorer 1.32 Related Software

• Usenet Explorer
  Multiserver, multi windows, multitasking newsreader for text and binaries.
• Web Log Explorer
  Web log analysis on-the-fly. Get as deep into your log files as you need to!
• Flying Money Manager
  Track and schedule all your personal and business Expences, Incomes and more!
• Money Management Explorer
  Money Management Explorer - software for money management and position sizing
• on C
  was designed as a free solution for option traders
• Advanced Option Calculator
  The powerful and unique software