Looking to expand knowledge of position and money management

I'm sure someone has been on my shoes in the past so perhaps some kind soul out there can help me out.

Any good threads in ET that touch the topics of money and position management ?

Want to expand my skills in those departments and been looking around but just can't find anything with a good discussion.

Thx

 

Maybe you should look for a book on the subject. What are you looking for? Optimal methods, simple methods, portfolio heat calculations, allocation?

Too broad of a subject.

 

Please explain your definition of position management

Simply, some traders loosely use the term position management when in fact they are talking about trade management after entry instead of position size management (different shares/contracts/lots from one trade to the next trade or from one trading day to the next trading day).

Mark

 

http://www.amazon.com/Trade-Your-Wa...=sr_1_1?s=books&ie=UTF8&qid=1281185340&sr=1-1

I still recommend this book, "Trade Your Way to Financial Freedom" by Van Tharp. I haven't read a trading book in a number of years, maybe there's something better out now, but this is the best I've seen.

 

There is a lot of free materia on the web. No need to spend money to buy books. Examples:

http://tinyurl.com/27ly6t

http://tinyurl.com/2c2gzq6

http://tinyurl.com/2c7kng2

Use Googgle.

 

I agree. Van Tharp's book is a great place to start. He the covers all the bases and provides a solid foundation.

 

well, I will read some books of Van Tharp. Love to read so that i can start to do trading

 

KingDong,

Maybe after reading Dr. Van K. Tharp book I might start trading the way you suggested.....

Eagerly awaiting more comments....

Cheers