October 2015
Intermediate to advanced
704 pages
23h 13m
English
book
Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition
by Charles D. Kirkpatrick II, Julie R. Dahlquist
Content preview from Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition
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Chapter 23. Money and Portfolio Risk Management
Chapter Objectives
After reading this chapter, you should be familiar with
• Definitions and measurements of risk as it relates to money management
• The martingale betting strategy
• Diversifiable versus correlated risk
• Methods for testing money-management strategies
• The use of various types of stops to manage risk
• Methods for determining the minimum capital needed for a system
• Methods for determining the percentage of capital to allocate toward one system
They [great traders] have all been humbled by the market early on in their careers. This creates a definite respect for Mr. Market. Until one has this respect indelibly engraved in their (sic) makeup, the concept of money management ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.