David Stendahl has a money management strategy and wonders if you do too. He notes that, "Traders can typically describe the methods they use to initiate and liquidate trades. However, when forced to describe a methodology for the amount of capital to risk when trading, few traders have a concrete answer."
Mr. Stendahl explains how to chart Maximum Adverse Excursion(MAE), which is the maximum loss of a trade after entry, as well as The Maximum Favorable Excursion(MFE) strategy which allows you to set entry limit orders based on a set dollar run-up level. Once a trade reaches the limit level, the strategy adds a predetermined number of contracts. Discover how devise a trading strategy in which your money management is in integral part of the working and profitable whole. Discover if these money management strategies will work for you by downloading your free copy now ... download the eBook to read more
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