Money Management Report(资金管理报告) (Van Tharp)

chivyu

Money Management Report(资金管理报告) (Van Tharp)

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Money Management Report (Van Tharp)
资金管理报告(范。撒普)
通向金融王国的自由之路

Dr. Van K. Tharp's Special Report on Money Management

By Van K. Tharp Ph.D.

In this special report, written by Van K. Tharp, Ph.D., you'll learn dozens of different models of money management—one of which could make a big difference for you. The biggest secret that most people neglect in their quest for big profits is proper money management (AKA Position Sizing™). Research has proven that about 90% of the variance in performance between portfolio managers is due to money management. For the average trader, it makes the difference between losing, and winning big—depending upon your objectives. Probably the most valuable book any trader could own.

What you will learn from this report:

• The definition of position sizing (also called Money Management)
• 27 models of position sizing with three ways to measure equity
• How to design high reward risk systems for money management
• Four techniques to produce maximum profits
• How to meet your objectives with position sizing
• Optimal position sizing techniques
• Understanding total, core, and reduced total equity models
• Using group and portfolio heat.
• Generalize "turtles" position sizing™ techniques
• Market Wizard position sizing techniques
• How to maintain constant risk
• How to maintain constant volatility
• Margin based position sizing
• Equal leverage models.

Dr. Tharp calls this type of money management a "secret" because few people seem to understand it, including many people who’ve written books on the topic. Some people call it risk control, others call it diversification, and still others call it how to "wisely" invest your money. However, the money management that is the key to top trading and investing simply refers to the algorithm that tells you "how much" with respect to any particular position in the market. That is why Dr. Tharp now calls this concept position sizing.
As if the issue of money management weren’t confusing enough on its own, there are also many psychological biases that keep people from practicing sound money management. And, there are practical considerations, such as not understanding money management or not having sufficient funds to practice sound money management.

"Few traders understand the need for position sizing; not much is published on the subject. One work is Tharp’s Special Report on Money Management, which covers the basics of a wide range of viable position sizing techniques and gives references for more thorough inquiry."—Scott Brown, The Path Less Traded, The Technical Analysis of Stocks and Commodities, September 1998

This report is written to give you an overall understanding of the topic and to show you various models of money management.


[ 本帖最后由 chivyu 于 2007-7-12 17:06 编辑 ]

crack2006

good good good thank you

hopkin

Thank you.

jeff11

good good study, day day up

lichenex

Thank you very much

oksjping3

Thank you very much

dlcljyy

太好了!真是好文章.谢谢!

soroszhang

it is really very good,thanks so much

csmpaul

Thank you.

价值投资理论

I really appreciate you!

ysjimmy

thank you for your generosity

tnnd

谢谢楼主的分享！

timeye

thanks a lot

jun999li

谢谢楼主！！！

firefox_161

good, tks

elgin

感謝大大的不吝分享!!

小的在此就先收下了

感恩~~

hudi5000

太谢谢了,我还在发愁买不到呢,而且老贵,79美元,相当于人民币560元一本,太感谢了!!!:*22*: :*22*: :*22*:

chivyu

原帖由 hudi5000 于 2008-8-6 14:35 发表
太谢谢了,我还在发愁买不到呢,而且老贵,79美元,相当于人民币560元一本,太感谢了!!!:*22*: :*22*: :*22*:

请客吧...？

livermoree

奇怪，现在都下不了？？？

zw2004

很好的资料，应该对其的模拟游戏进行很好的补充说明。