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Old 11-25-2006, 08:29 PM
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gazuz gazuz is offline
Senior Trader and Moderat
 
Join Date: Aug 2004
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Short Report:
Thanks a lot for performing this Money Management Experiment (process took 6.6 minutes).· You have won (Profit: 55,600)!· You have turned your Equity from initially 10,000 to 65,600 (+556%).· Your Number of Profits in % (win ratio=65%) is quite close to the preset probability of winning (60%). --> The law of averrages worked.· Your Average Position Size in % of Current Equity (11%) is much too high. But: your Maximum Position Size in % of Current Equity was 34% whicch is much too high. Many traders and even more gamblers lose because their Position Sizes are too high.
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