Here's another NYTime trading system update, now that we're at the end of October. I wasn't able to grab the figures for the last day (31st) because the day hadn't been closed off yet. Apart from that though, the month has seen moderate profits of around 8.3% return. Read more »
NYTime – Money Management
Most traders hear the term "Money Management" and assume it's going to be the same old "only risk 2% of your account per trade" rule. I'm not saying that's a bad rule, because it is very good and I use it myself on the majority of my trades. Also, it's certainly a lot better than throwing 5% at a trade and if that doesn't win, then throwing 10% at the next trade to try to recover your losses on the first one! This type of trading equals "account blow-up" in next to no time. No, the NYTime MM rules are much more interesting ... Read more »


