Yesterday I said that Money Management questions are dependent on:
The volatility of the market.
The trader’s Expectancy Return
The Ebb & Flow of the market relative to the trader’s trading plan.
Volatility of the market can be measured in any number of ways. For example:
Perry Kaufman’s Efficiency Ratio
Ray Barros’ Ray Clock
ATR
Barros Swing Extremes
The concepts of ATR and Barros […]
