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Test by 1 year on GBP/USD M1 history : profit ~670%, shoulder 1:100, risk 5% per 1 position, reinvesting |
| Money Management Forex Books |
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While Forex trading is tightly connected with analysing the charts and the fundamental indicators, knowing where to enter and where to exit a position is not enough. Professional traders manage their risks and devote a lot of their time to learning the techniques of the proper money management. Here you can find some of the best Forex e-books about money management in the financial trading. Risk Control and Money Management — by Gibbons Burke. Money Management — A chapter from The Mathematics of Gambling. Position-sizing Effects on Trader Performance: An experimental analysis — by Johan Ginyard. Fine-Tuning Your Money Management System — by Bennett A. McDowel. Trade Your Way to Financial Freedom — by Van K. Tharp. Money Management: Controlling Risk and Capturing Profits — by Dave Landry, a short but educative guide to money management for the financial traders. |
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