Portfolio Management Software
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 Ray Barros. It is my belief that successful trading is a function of: – A written trading plan with an edge – Effective Money Management and – Winning Psychology In this essay I shall: 1. Identify the essential element of winning psychology. 2. Identify the personal attributes required. 3. […]
A money management technique that can sometimes improve trading performance is to modify the position sizing based on crossovers of a moving average of the equity curve. The basic idea is to either trade more or fewer contracts when the equity curve crosses above or below its moving average. There […]
Trading systems or strategies use a predefined set of trading rules to generate objective buy and sell signals. While the variety of trading systems is almost limitless, most profitable trading systems have certain elements in common. Whether you build your own strategy or purchase one, trading a strategy with these […]
If you want to be a successful trader, you must make sure you do not deny reality in any phase of your trading. You cannot deny losses, price direction, mistakes you make, being undercapitalized, or a whole host of things you would rather not think about. Many traders think the […]