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Hello everyone,
Does anyone know of any resources in regards to dynamic sizing of #
of shares traded depending on DD's, etc ? The only info I have is
really from Elder's book, "Come into my trading room" with 2% risk
per trade and 6% loss per month. A couple of articles I read had
brief talks about increasing or decreasing your position size based
upon your known drawdown of your method. They relate that to size
betting in blackjack. Anyways, money management is something I want
to do more research on, but there seems to be very few resources on
it.
THanks for any info.
Cheers,
Dan
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