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Rick,
Have you used the optimal-f method? If so, what is your opinion? Drawbacks?
Your comments or those of anyone else who has experience with optimal-f
would be most welcome!!
Tom
At 08:46 PM 4/22/99 +0900, you wrote:
>Ditto. His ideas have been embraced by many proprietary trading desks over
>the last 10 years. Make no mistake about it though, it is a very tough read
>and not for the mathematically challenged. I would recommend that you start
>with his "Portfolio Management Formulas" first. This was his first book on
>his key concept of trading at "optimal F." It's much easier and IF you
>manage to put this valuable knowledge to use then you should move on to "The
>Mathematics of Money Management."
>
>
>good luck
>Rick
>Tokyo, Japan
>
>
>----- Original Message -----
>From: TKruzel <TKruzel@xxxxxxxxxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Thursday, April 22, 1999 11:09 AM
>Subject: Re: Money management
>
>
>| In general I would recommend the book. How useful it is to any
>| given individual depends upon the mathematical background of that
>| person. I thought it was well written. IMHO would be traders spend
>| much too much time creating indicators. None of these indicators in
>| the long run will give you more than a 50:50 chance at making money.
>
>
>
>
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