Money management - any Excell wizzards on the board?

[Knyyt]

Ask Smar, he's a wizard neo

Seeya round..

Knyyt

 

[vinigar]

Neo HR,
Try the following address:
www.day traderproducts.com
or
http://daytraderproducts.com/downloads/dailytrade_sheet.xls


Hope this resolves your problem

 

[neo_hr]

Thank you all for your help!

Alex

P.S. Heey, Knnyt, nice to seeya 'round...

 

[Rigel]

Neo,
www.iitm.com
Has a free trial game that you can download. It comes up with random prices (up or down), plugs them into the simulation, and keeps a running total of your fake "assets". Also graphs the assets so you can see if your winning or loosing. I think the random prices average out to zero over a large sample so that your success or failure are dependent only on your money management skills. IE- Position size taken on each trade.

 

[neo_hr]

Thats right Riegl, I WANT TO LEARN HOW TO ENTER (SCALE IN AND SCALE OUT) OF A POSITION and to position size.

Where's the best place to learn that?

Alex

 

[gemini_315]

Quote from vinigar:

Neo HR,
Try the following address:
www.day traderproducts.com
or
http://daytraderproducts.com/downloads/dailytrade_sheet.xls


Hope this resolves your problem

The above link is unfortunately no longer valid. Does anyone have a copy of this file or an updated link.

Thanks.