Drawing on years of experience, David Stendahl highlights the key elements for reducing risk and maximizing profits through portfolio management techniques. More than Just a guide to what size your next position should be, Profit Strategies: Unlocking Trading Performance with Money Management features. This book is a detailed guide to
Drawing on years of experience, David Stendahl highlights the key elements for reducing risk and maximizing profits through portfolio management techniques. More than Just a guide to what size your next position should be, Profit Strategies: Unlocking Trading Performance with Money Management features. This book is a detailed guide to help improve trading performance using simple money management strategies.
Read the rest of the Profit Strategies: Unlocking Trading Performance with Money Management :
Table of Contents (click ahead!) 
Product Details Table Of Contents About The Author Check For More Details
- 3 simple evaluation methods to ensure consistent system performance
- Using your portfolio to remove fear and greed from your system
- Techniques to analyze risk/reward calculations – and improve your system
- Combining systems to meet your trading objectives
- Tips for matching your system to your level of capitalization
- And many more methods for analyzing and improving your trading performance.
Plus, examples, tables, charts, and a full resource guide to help you understand all the profit-packed concepts presented.
Product Details
(Back to Top)
• Paperback: 85 pages
• Publisher: Marketplace Books, Inc.
• Printed in: USA (May 15, 1999)
• Copyright by: Rina Systems, Inc.
• Language: English
• Binding: TRADE PAPER
Table of Contents
(Back to Top)
Preface Xi
Introduction XV
Chapter One System Design
Trending vs. Non-Trending Markets
Crossover Methodology
Greed and Fear Description
System Development Process
Trading System Code
Chapter One Summary
Chapter Two Robustness Analysis
Robustness Analysis
Optimization Pros and Cons
Cluster Analysis
Chapter Two Summary
Chapter Three: System Evaluation
Evaluation Process
Maximum Adverse Excursion
System Analysis Section
Total Trade Analysis
Drawdown Analysis
Run-up Analysis
Efficiency Analysis
Trading Summary
Winning (Losing) Trade Analysis
Equity Curve Analysis
Chapter Three Summary
Chapter Four: Money, Risk & Equity
Management
Money Management Overview
Risk & Equity Management Overview
Money Management Warning
Long Deutsche Mark Trading System
Drawdown Support
Winning Series
Fixed Fraction
Short Deutsche Mark Trading System
Maximum Favorable Excursion
Drawdown Support (Short Side)
Optimal f
Secure f
Fixed Fraction (Short Side)
Chapter Four Summary
Chapter Five: Portfolio Analysis
Long and Short Deutsche Mark Portfolio
Portfolio with Applied Money Management
Chapter Five Summary
Conclusion- Stage Review
Appendix A
Trading Stability
Consecutive Trades
Trading Summary
About the Author
Workshop Overview
Trading Resources
About The Author
(Back to Top)
David Stendahl is a professional trader, registered investment advisor and Vice President of TradeSignals. David co-founded RINA Systems in 1995, a firm specializing in performance analysis software for traders and investors. He specializes in S&P futures, OEX options and S&P Index funds. He is also the author of Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile.
Other Book/s of The Author:
Check For More Details:
J. G. "J. G." Says:
Jim Geiger Says:
September 15th, 2011 at 10:23 am
If you get this book for less than $10, it’s worth it. There’s some good information on building a trading system, the importance of fitting money management to your system, money management strategies, Maximum Adverse Excursion, Optimal f, and stop placement. I would have liked some more details on position sizing and position management, with potentially some more insight into how to place stops in accordance with an intrument’s range and beta, but at 80 pages the scope of this book is understandably constrained.
Much of what’s contained in this book is available freely on the web, although the examples were pretty good and justify most of the price. You can’t (or at least I can’t) build a fully functional MM strategy off what I got out of this book, but it’s a start.
This is a good, simple compilation, but not quite worth the high premium asked
September 11th, 2011 at 10:22 am
I disagree with the dissenters!
I usually find these Amazon customer reviews useful, especially the dissenters who rate a book poorly. HOWEVER …. in this case, I think they are WAY off base on this little gem of a book. This book is worth it’s weight in Gold, in my opinion.
David Stendahl, who used to be associated with RINA Systems (…), he’s independent now, presents some of the most sophisticated, important …. yet little talked about, concepts in finance! — specifically money management in a very straightforward, accessible manner.
So why the bad ratings? ….. because a) this is NOT easy material to apply (however David’s book is an easy read), b) it requires some special tools (i.e. RINA Systems software which works with TradeStation (…) — although the concepts can be understood without the software) and c) this topic is covered almost nowhere else (Ralph Vince has written three books on Optimal f and Ryan Jones book on Money Mgmt being exceptions).
I respect original thinking. Stendahl …. RINA Systems … and a rare few others, like John Ehlers (MESA & Trading Market Cycles and Rocket Science For Traders) are original thinkers.
Give this book a chance … do some research (RINA Systems …. MESA, etc.) ….. and you’ll likely find an entirely new world open up before your eyes.