Articles in the Money Management Category
Day Trading Journal, Money Management »
Yesterday, I came across an article by Harvey Walsh on Money Management rules for day traders. I was deeply impressed by it and thought that that was the piece of puzzle I missed in the game. Here is the link to the article.
Position sizing means that you first should determine how much money you can afford to lose for a single day, and how many trades do you plan to make each day. Assume every trade you entered is a loosing trade, then determine how much money you can afford …
