Portfolio Management Software
We often hear from students by letter, telephone, and in person at seminars, that they greatly desire to trade managed money. At the opposite end of the spectrum, we also hear from students who want money managed for them. In either case, the experience can be gut wrenching. This chapter […]
Position sizing is a calculation which determines the optimal amount of units to purchase. Position sizing is a little known concept amongst the majority of traders and investors and yet it often has dramatic effects on the overall performance. As an example, it has been statistically proven that a random entry […]
This tutorial written and reproduced with permission from Peter Ponzo Once upon a time we talked about XIRR, where have a starting portfolio then, at varying times over the next few years, you invest more or withdraw … And XIRR will give your annualized return, right? Yes, and you recall […]
By Chuck LeBeau. The outcome of every trade is dependent on the exit. If we enter in a timely fashion and then exit poorly, the trade is likely to be a loss. If our entry happens to be poor but our exit is good we might still salvage a profit. […]
This tutorial written and reproduced with permission from Peter Ponzo Historical Volatility (HV) is calculated by looking at historical returns and calculating some kind of average deviation from their mean value using the magic formula for Standard Deviation … also called Volatility. But aren’t their several magic formulas for Standard […]