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Money Management For Very Small Account #422192
05/04/13 07:55
05/04/13 07:55
Joined: Nov 2012
Posts: 209
S
SFF Offline OP
Member
SFF  Offline OP
Member
S

Joined: Nov 2012
Posts: 209
I have been trying to trade a very small account like $50 or $100 with very high leverage.

Does anyone know a good money management that is aggressive yet safe for a very small account?
Is Vince the answer?

My problem is that I don't feel that I am not pulling in with such small account, so without MM, I will make a very high risk trade and will fail sooner or later.

I have been making +1000% in very short time with no MM and just was keeping doing reckless trade based in instincts, but failed, I think it is because of lack of a sound MM.

I am also interested in when or when not should I apply it?
From start or after making some money?

Thanks in advance.

Re: Money Management For Very Small Account [Re: SFF] #422243
05/06/13 09:46
05/06/13 09:46
Joined: Jul 2000
Posts: 28,024
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 28,024
Frankfurt
Is it a portfolio or a single system? And what is the number of simultaneously open trades and the required capital?

Re: Money Management For Very Small Account [Re: jcl] #422448
05/10/13 09:32
05/10/13 09:32
Joined: Nov 2012
Posts: 209
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SFF Offline OP
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SFF  Offline OP
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Joined: Nov 2012
Posts: 209
I am still making my strategy.
Are they an important statistical value?

Re: Money Management For Very Small Account [Re: SFF] #422451
05/10/13 10:16
05/10/13 10:16
Joined: Jul 2000
Posts: 28,024
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 28,024
Frankfurt
Yes. If n trades are open simultaneously, then the suggested margin increment per trade - the amount you add to the margin when profits grow - is in the range of 1/n * OptimalF * sqrt(profit_so_far).


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