Dr. Van K. Tharp's
Special Report on Money Management
By Van K. Tharp Ph.D.
NOW,
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charges.
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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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