Rockwell Trading – Money Management

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Money Management from Rockwell Trading

Take Your Trading To The Next Level!

Learn Professional Money Management Methods
And Learn How To Employ Appropriate Money Management in Your Trading
Most traders believe that a good trading strategy is sufficient. Contrariwise, many traders with profitable trading strategies still lose money.
One reason is that they do not practice proper money management!
Poor money management can wipe out your trading account and turn a good trading strategy into a great one.
If you are serious about trading, you MUST understand how money management can reduce risk and increase return.
The Secret “THEY” Don’t Want You To Know
The issue is that there is almost no quality information available on the topic of Money Management. My head coach Mark Hodge and I spent days searching the Internet without success.
Could “they” not want you to learn about Money Management?
IF YOU HAVE BEEN READING MY BOOK OR ATTENDING MY WEBINARS, YOU ARE AWARE THAT A TRADING STRATEGY IS USUALLY NOT THE PROBLEM. Ralph Vince conducted an experiment to demonstrate this startling fact (CSI News Journal, March 1992):
He assembled forty PhDs, ostensibly intelligent individuals, and provided them with a profitable trading strategy: This trading strategy had a 60 percent win rate. Each participant in this experiment had a $1,000 starting capital and was expected to execute 100 trades. On any given trade, they were permitted to risk as much of their trading capital as they desired. If they won, they would receive the same amount of money that they wagered. If you risked $50 and won, you would earn $50. If you lost, obviously you lost $50. Since this experiment was conducted in a simulated environment, 60 of these 100 trades were successful, while 40 were unsuccessful. So, it’s an obvious choice, right? Everyone should earn a profit. Ultimately, they ALL had a successful trading strategy.
Well, here’s the big surprise. Two of these forty traders were profitable. 95% of them suffered a loss!
Why? – Because of the gambler’s fallacy and poor money management!
Even though they had a profitable trading strategy, these traders lost. You get the point, do you?
Why Traders Don’t Use Money Management

You are aware that you ought to utilize money management, but you do not. Why?
When we asked traders why they do not use money management, we received the following responses:
Are unaware of the various money management types and strategies.
Don’t know which approach to money management to use.
Considering “risk management” and “money management” to be synonymous.
Believing that money management is unnecessary because they only trade one contract or lot
Okay, let’s rewind: Traders who don’t use money management may lose money because they don’t understand it. This course was created by my head coach Mark Hodge and me because that is not a valid reason.

The Money Management Course

This Money Management Course is truly unique and you won’t find anything like it anywhere else!
Here’s what you will learn:
• Module 1: Introduction To Money Management

You will learn what Money Management is, why you need it and who should be using money management.
• Module 2: Risk Management versus Money Management

Many traders think that “money management” is the same as “risk management.” This couldn’t be further from the truth. In this module you learn the differences between risk and money management and when to use what.
• Module 3: Position Sizing versus Money Management

Another common mistake: Traders think that money management is nothing else than position sizing. Learn the differences and why you MUST use money management to minizime your risk and mazimize returns
• Module 4: Fixed Percent Money Management Technique

In this module you will learn about the popular “Fixed Percent Money Management Technique”, a.k.a. “The 2% Rule.” You will learn what it is, how to use it and the pros and cons of this method.
• Module 5: Fixed Fractional Money Management Technique

This money management technique is probably the most popular of all techniques. Learn what it is, how to use it and why there are other strategies that are much better.
• Module 6: Kelly F, Optimal F and Secure F

All these money management strategies are designed to overcome the disadvantages of Fixed Fractional Money Management. But do they really deliver. Find out in this module.
• Module 7: Fixed Ratio Money Management Technique

THIS is our favorite money management technique. Learn how to use it and why we think that it is superior to all other methods.
• Module 8: Money Management in Action

In this module we will show you how to apply proper money management to maximize your returns.
• Module 9: Your Long Term Plan

In this module we tie it all together. You will learn how to use our “Money Management Tool” to create a personalized plan for you. Discover how to minimize risk and maximize returns using our favorite money management technique.