Table of Contents
1 Cover
5 Foreword
6 Preface
7 CHAPTER 1: Martingale and Anti‐Martingale 1.1 The Right Stake 1.2 Martingale 1.3 Anti‐Martingale 1.4 More Examples 1.5 A Miraculous Technique? 1.6 Conclusions
8 CHAPTER 2: The Kelly Formula 2.1 Kelly and Co. 2.2 Conclusions Reference
9 CHAPTER 3: A Banal Trading System 3.1 Analyzing a System Based on Moving Averages 3.2 Applying the Kelly Formula 3.3 Conclusions
10 CHAPTER 4: Money Management Models 4.1 The Fixed Fractional Method 4.2 Optimal f 4.3 Secure f 4.4 Fixed Ratio 4.5 Percent Volatility Model 4.6 Levels for Changing the Number of Contracts 4.7 Conclusions References
11 CHAPTER 5: Refining the Techniques 5.1 The Importance of the Trader's Temperament 5.2 Reduced f 5.3 Aggressive Ratio 5.4 Asymmetric Ratio 5.5 Timid Bold Equity 5.6 Equity Curve Trading 5.7 z‐Score 5.8 Conclusions References
12 CHAPTER 6: The Monte Carlo Simulation 6.1 Using the Monte Carlo Simulation 6.2 Maximum Loss 6.3 Conclusions
13 CHAPTER 7: The Work Plan 7.1 Using a Work Plan 7.2 Conclusions
14 CHAPTER 8: Combining Forces 8.1 Using a Combination of Systems 8.2 Portfolio Money Management 8.3 Which Capital? 8.4 The Effects of Portfolio Money Management 8.5 Conclusions Reference
15 CHAPTER 9: Money Management When Trading Stocks 9.1 Trading in the Stock Market 9.2 Conclusions
16 CHAPTER 10: Portfolio Management 10.1 A Portfolio Approach 10.2 Some Improvements to the System 10.3 Conclusions
17 CHAPTER 11: Discretionary Trading 11.1 Trading Criteria and Definition 11.2 An Example: Mediaset 11.3 Adjusting Volatility During the Trade 11.4 Trading Futures 11.5 Conclusions
18 CHAPTER 12: Questions and Answers
19 APPENDIX I I.1 The Impact of a Trading System on Planning I.2 The Trading System
20 APPENDIX II II.1 Understanding the Type of Strategy
21 APPENDIX III III.1 The Advantages of Forex
22
APPENDIX