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Mr. Burke quips, "For many traders, money management is the ugly stepchild of the trading family.But you can ill afford to neglect this aspect of your trading plan." Rather than offering tips, Mr. Burke refers to his points as tasks, brining home to the trader the idea of responsibility. You need ... [see full description]

"Here's how individual trader and money manager goals differ," says Mr. Ruggiero and, "how the differences affect a key component: money management." He continues, "Although we can learn from professional money managers, as private traders, we should not fully emulate their approach to the markets." ... [see full description]

Mr. Tharp sums up his approach to trading in seven steps. He advises you have a trading plan and test it, assume total responsibility for everything that happens to you, find your weaknesses and work on them, do some global planning. Make a list of everything that could go wrong in your business ... [see full description]

Urging traders to, "Acknowledge the risks in trading the markets by making sure your money management system is sound," Mr. McDowell goes on to provide some techniques that traders may well find useful. Citing useful tips such as, calculating proper trade size which can ultimately reward ... [see full description]