Risk & Money Management
A thought provoking book that outlines what it takes to develop, evaluate and implement an effective trading strategy in the real world. Packed with life and market lessons, the author corrects the misconceptions and explains the realities of futures trading, along with the risks and potential rewards. Introduces the Angle Ratio, a proprietary performance measuring method that could eclipse the Sharpe Ratio as the premier indicator of system performance.
Career professional trader Kelly Angle spells out his S&P 500 Pro-System . . . a hybrid short-term and day trading approach that links five separate strategies into one method. Each of the five core strategies seeks to capitalize on an exploitable price event triggered by reoccurring human behavior. Though the emphasis is on E-mini S&P trading, the system can be used on full-size S&P contracts also.