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I just ordered the book "Trade Your Way to Financial Freedom" from Tharp
because I'm looking for all these money management formulas and techniques.
I guess I'm mistaken and should have ordered the books from Ralph Vince
instead. What is the best and last one of the two. And is one the follow up
of the other one or are both similar, just updated.
Greetings
Mickey
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Guy Tann
> Sent: zaterdag 8 juli 2000 2:20
> To: metastock@xxxxxxxxxxxxx
> Subject: RE: Risk of ruin, amount per trade formula?
>
>
> Sonny and Mike,
>
> I made an error here. We bought the following books from Amazon.com:
>
> The new Money Management by Vince
> The Mathematics of Money Management by Vince
> Money Management Strategies for Future Traders by Balsara
>
> The "Risk of Ruin" chart we're using came from the Balsara
> book (according
> to my brother). I'm ordering my own copy.
>
> I'm sorry if I misled anybody.
>
> Guy
>
> Paranoia...you only have to be right once to make it all worthwhile!
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Sonnysark@xxxxxxx
> Sent: Friday, July 07, 2000 7:11 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Risk of ruin, amount per trade formula?
>
> In a message dated 06/27/2000 6:10:43 PM Pacific Daylight Time,
> grt@xxxxxxxxxxxx writes:
>
> << Mike
>
> We used the Vince book. Seems to work for us. We
> discovered that we were
> running a 100% risk of ruin. We modified our methodology
> and went to a 0%
> risk of ruin. You wouldn't think there would be that big a
> difference
> between investing 50% of your capital and 33%, but our
> account balances
> have
> proven it out. :)
>
> Guy
>
> Paranoia...you only have to be right once to make it all worthwhile!
> >>
> Guy where can I learn more about the Vince formula? Thanks, -Sonny-
>
>
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