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Can someone describe those 2 money management strategies ?
I know they have been described in detail by trader Tom Basso in the
Chicago Mercantile Exchange publication "How to become a CTA", the
problem is I don't have this publication.
I also need to understand what is the "Average True Range Multiple"
and why it is used to determine the "distance to the stop" in the 1st
strategy (Percent/Fractional RISK).
Why is the ATR lookback useful in those 2 strategies ?
Thanks for your time,
Denis
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