"The Money Manager was designed as more of a template than an actual trading strategy. We wanted to provide the tools necessary to build a money management platform."
This simple system incorporates and demonstrates some simple money management concepts, going beyond simple profit objectives and protective stops and into the underlying trading strategy. Moving into areas of capital allocation the concepts presented are based on capital preservation and market normalisation. Explaining this hypothesis the authors state, "The ability to diversify equal amounts of capital across a portfolio of different markets is the backbone of any money management scheme." The code uses a round function to eliminate fractional which includes value to be rounded and level of precision ... download the eBook to read more
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