Can money management alone create any edge?

Discussion in 'Risk Management' started by Ricter, Mar 8, 2005.

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    Nice,clear, crystal clear points.

    But i think Dr.Van Tharp[book]is right in that a 50/50[excuse the word ''random ''entry can be profitable '' Now, dont think he was recommending a ''random ''entry:D . Nor would i recommend a ''random''entry. LOL

    Even though in the 1998, 1999 trends[200 dma] which is near when most of his books were written; lots of stuff worked , like 2008, worked well. Wisdom is profitable to direct.:cool:
     
    #101     Jul 2, 2012