{"product_id":"money-management-strategies-for-futures-traders-isbn-9780471522157","title":"Money Management Strategies for Futures Traders","description":"Distills complex theories for the benefit of the average trader with little or no background in finance or mathematics by offering a wide range of valuable, practical strategies for limiting risk, avoiding catastrophic losses and managing the futures portfolio to maximize profits. Numerous topics are explored including: why most traders lose at the futures game most of the time; why most mechanical trading systems are apt to fail; the probabilistic approach to trading; how to make stop-loss orders work for, rather than against you; the pros and cons of options versus futures trading; and how to limit risk through diversification. Understanding the Money Management Process.\u003cbr\u003e \u003cbr\u003e The Dynamics of Ruin.\u003cbr\u003e \u003cbr\u003e Estimating Risk and Reward.\u003cbr\u003e \u003cbr\u003e Limiting Risk Through Diversification.\u003cbr\u003e \u003cbr\u003e Commodity Selection.\u003cbr\u003e \u003cbr\u003e Managing Unrealized Profits and Losses.\u003cbr\u003e \u003cbr\u003e Managing the Bankroll: Controlling Exposure.\u003cbr\u003e \u003cbr\u003e Managing the Bankroll: Allocating Capital.\u003cbr\u003e \u003cbr\u003e The Role of Mechanical Trading Systems.\u003cbr\u003e \u003cbr\u003e Back to the Basics.\u003cbr\u003e \u003cbr\u003e Appendices.\u003cbr\u003e \u003cbr\u003e Index. \u003cp\u003e\u003cb\u003eNauzer J. Balsara\u003c\/b\u003e is the author of \u003ci\u003eMoney Management Strategies for Futures Traders\u003c\/i\u003e, published by Wiley.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989651996901,"sku":"NP9780471522157","price":115.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471522157.jpg?v=1761784965","url":"https:\/\/k12savings.com\/products\/money-management-strategies-for-futures-traders-isbn-9780471522157","provider":"K12savings","version":"1.0","type":"link"}