Rockwell Trading – Money Management – 2 DVDs
Take Your Trading To The Next Level!
Learn Professional Money Management Methods
And Discover How To Use Proper Money Management In Your Trading
Most traders think that all they need is a good trading strategy. But that’s not true: Many traders have a profitable trading strategy and still lose money.
One reason: They don’t use proper money management techniques!
Proper Money Management can turn a good trading strategy into a great trading strategy and take your trading account to the next level, while poor money management can wipe out your trading account.
If you are serious about trading then you MUST learn how money management can minimize risk and maximize return.
Also Get Rockwell Trading – Money Management – 2 DVDs on Traderknow.com
The Secret “THEY” Don’t Want You To Know
Here’s the problem: There’s very little information – and basically NO quality information – available on the subject of Money Management. My head coach Mark Hodge and I searched the Internet for days and didn’t find anything.
Could it be that “they” don’t want you to know about Money Management?
If you have been reading my book or attended any of my webinars, then you KNOW that a trading strategy is rarely the problem. In fact, Ralph Vince did an experiment to prove this stunning fact (Source: CSI News Journal, March 1992):
He gathered 40 PhDs, – supposedly smart people – and gave them a profitable trading strategy: This trading strategy had a winning percentage of 60%. Every trader in this experiment had a starting capital of $1,000, and they were supposed to make 100 trades. The rules were simple: On any given trade they could risk as much of their trading capital as they wanted. If they won, they won exactly the money that they risked. Example, if you risked $50 and you won, you made $50. If you lost, obviously you lost $50. Now, since this experiment took place in a simulated environment, out of these 100 trades there were 60 winning trades and 40 losing trades. So, it’s a no brainer, right? Everybody should make money. After all, they ALL had a profitable trading strategy.
Well, here’s the shocker. Only 2 out of these 40 traders made money. 95% of them lost money!
Why? – Gambler’s Fallacy and Poor Money Management!
So these traders lost, although they had a profitable trading strategy. You get the point, do you?
Also Get Rockwell Trading – Money Management – 2 DVDs on Traderknow.com
Why Traders Don’t Use Money Management
You know that you should use money management, yet you don’t. Why?
Well, when we interviewed traders why they do NOT use money management, here’s what they said:
•Don’t know about the different money management types and strategies.
•Don’t know which money management approach to use.
•Thinking that “risk management” is the same as “money management”.
•Thinking they don’t need money management because they only trade 1 contract or lot.
Ok, let’s back up: Traders don’t use money management and therefore might lose money because they don’t know about it??? – That’s not a good reason, and that’s why my Head Coach Mark Hodge and I created this course.
The Money Management Course
This Money Management Course is truly unique and you won’t find anything like it anywhere else!
Also Get Rockwell Trading – Money Management – 2 DVDs on Traderknow.com
Here’s what you will learn:
• Module 1: Introduction To Money Management
You will learn what Money Management is, why you need it and who should be using money management.
• Module 2: Risk Management versus Money Management
Many traders think that “money management” is the same as “risk management.” This couldn’t be further from the truth. In this module you learn the differences between risk and money management and when to use what.
• Module 3: Position Sizing versus Money Management
Another common mistake: Traders think that money management is nothing else than position sizing. Learn the differences and why you MUST use money management to minizime your risk and mazimize returns
Also Get Rockwell Trading – Money Management – 2 DVDs on Traderknow.com
• Module 4: Fixed Percent Money Management Technique
In this module you will learn about the popular “Fixed Percent Money Management Technique”, a.k.a. “The 2% Rule.” You will learn what it is, how to use it and the pros and cons of this method.
• Module 5: Fixed Fractional Money Management Technique
This money management technique is probably the most popular of all techniques. Learn what it is, how to use it and why there are other strategies that are much better.
• Module 6: Kelly F, Optimal F and Secure F
All these money management strategies are designed to overcome the disadvantages of Fixed Fractional Money Management. But do they really deliver. Find out in this module.
• Module 7: Fixed Ratio Money Management Technique
THIS is our favorite money management technique. Learn how to use it and why we think that it is superior to all other methods.
Also Get Rockwell Trading – Money Management – 2 DVDs on Traderknow.com
• Module 8: Money Management in Action
In this module we will show you how to apply proper money management to maximize your returns.
• Module 9: Your Long Term Plan
In this module we tie it all together. You will learn how to use our “Money Management Tool” to create a personalized plan for you. Discover how to minimize risk and maximize returns using our favorite money management technique.
Don’t Take My Word For It!
Here’s What Traders Are Saying:
This course is very organized and informative. Money management is a must, and I think that Mark emphazied this and illustrated very clearly why it is so by using examples to compare the use of money management with not using money management, and consequently how money management reduces risk and has greater profit potrential. – Manny
The money management course is very informative and easy to comprehend. The facts and examples speak for themselves. The way it is presented is to the point and very easy to understand. It surely opened my eyes and will be immediately implemented into my trading plan. Thanks again. – Frank
Also Get Rockwell Trading – Money Management – 2 DVDs on Traderknow.com
I discovered Rockwell Trading a couple of months ago through another site. I’d been studying and added Markus’s ebook to my materials (it’s great by the way). However, I went ahead and started trading the S&P emini for a month on my own with my own ‘strategy.’ Without discpline and a money managment plan I over-traded and lost $2,000.00. Worse of all, $1,000.00 of that went to my broker! I’ve stopped trading, am in the home study course, and am finally seeing first hand how all this comes together! And I can honestly say that I’m getting my confidence back as well. This money management course is fantastic and opened my eyes even more to the possibilities when one employs discipline, patience, and a winning strategy. Thanks you guys! Keep up the great work! – Bob
Very intelligent course. Wonder presentation and excellent coverage. Mark is an awesome teacher! Rockwell Trading is THE best education firm I’ve ever seen and I’ve seen quite a few. – Craig
Great way of demonstrating a more complex subject in an accessible, practical manner. – Sigmund
Simple, effective way to manage my trading account. Ron
This was excellent …. Well worth the money ….. no need to struggle any longer regarding risk v. reward and money management …. Thanks again! – John
Also Get Rockwell Trading – Money Management – 2 DVDs on Traderknow.com
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Course Features
- Lectures 0
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 61
- Assessments Yes