Money Management

Tags: Forex

Forex Trading Strategies: Be Smart With The Larry Williams Formula, Fixed Ratio Method, and Kelly Criterion In Forex

Last updated 2022-01-10 | 4.6

- Apply the Larry Williams Money Management Method in your trading
- Apply the Ryan Jones Money Management Method in your trading
- Most importantly
- confidently apply the Kelly Criterion to find out exactly what lot size (volume) to trade in any given transaction

What you'll learn

Apply the Larry Williams Money Management Method in your trading
Apply the Ryan Jones Money Management Method in your trading
Most importantly
confidently apply the Kelly Criterion to find out exactly what lot size (volume) to trade in any given transaction
Understand the Half-Kelly and how to use it to maximize your profits

* Requirements

* Basic interest in trading
* A determination to maximize the return on their investment strategy

Description

Learn the EXACT Money Management strategies and techniques used by the top traders of the century!

  Trading Forex? ...... You NEED to know these strategies! 

  Take the unnecessary risk out of your trading! Simply by knowing and applying the strategies and techniques described in this course you will avoid over 50% of mistakes most traders make! 

  First, in this course you will learn the LEGENDARY Larry Willams method: 

  In 1987 Larry Williams won the wolrd cup of trading turning $10,000 into $1.1 million in 12 months using real money! In 1997 Michelle Williams Larry's daughter won the world cup using the same strategy as her dad! 

  If you want to be a successful trader you HAVE to know at least this method!!! 

  Next, I will show you how to apply the Risk Management techniques describe by Ryan Jones in his book "The Trading Game". We will look at actual case studies of how to apply this method to YOUR trading. 

  Then, we will compare the two methods and I will reveal to you their strengths and weaknesses. You will learn why and when you should apply either of the two! 

      Finally, and most importantly, we will talk about the Kelly Criterion.  

      Have you ever been in a situation when you weren't sure what % of your deposit to risk on a given trade?? With this last method I show you will solve that problem once and for all! 

      The Kelly Criterion may seem rather complex if you research it on your own, but in this course I break everything down STEP BY STEP so that you can grasp the concepts extremely quickly. Same goes for all the techniques in this strategies in this course! 

      If you are just beginning your trading career, then this course will protect you from hundreds (if not thousands) of lost money. It will also save you time and effort researching all of this information on your own. 

      If you are a seasoned trader, a comprehensive Money Management arsenal is what can really take your trading to the next level. 

  Take this course now and start applying these techniques in YOUR trading today!

Can't wait to see you inside!

Kirill Eremenko


Disclaimer:

Any information or advice contained in this course is general in nature only and does not constitute personal or investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. You should seek independent financial advice prior to acquiring a financial product. All securities and financial products or instruments transactions involve risks. Please remember that past performance results are not necessarily indicative of future results.

Who this course is for:

  • Forex Traders
  • Binary Options Traders
  • Stock Traders
  • Futures Traders
  • Options Traders
  • Equities Traders
  • Bonds Traders
  • Sports Betting Traders
  • Bitcoin Traders

Course content

6 sections • 39 lectures

Disclaimer Preview 00:34

Before You Start Preview 01:31

Practice Demo Account Preview 00:41

What is Money Management? Preview 02:34

What you will get from this course Preview 05:05

Updates on Udemy Reviews Preview 02:40

Who is Larry Williams? Preview 03:30

Core concepts Preview 06:13

MM formula Preview 07:45

The unexpected trap Preview 11:33

Method Summary Preview 07:07

Larry Williams Money Management Quiz

Who is Ryan Jones? Preview 01:53

Core concepts Preview 07:15

Core concepts - visual Preview 08:28

Table of Risks Preview 08:55

Why the Fixed Ratio Method is safer Preview 06:37

Delta explained in simple terms Preview 04:14

Fixed Ratio Method - Summary Preview 05:35

Fixed Ratio Money Management Quiz

Get the Comparison Tool - Included in Course! Preview 06:41

Fixed Ratio vs Linear Money Management Preview 09:55

Larry Williams vs Fixed Ratio vs Linear MM Preview 08:41

Comparison Summary Preview 02:50

Money Management Trio Quiz

Who was John Kelly? Preview 04:51

How Poor Money Management can Ruin your Account Preview 04:48

Order Doesn't Matter Preview 08:24

Core concepts Preview 07:20

Kelly's formula Preview 05:45

Kelly's chart Preview 07:10

Portfolio Volatility Preview 08:21

Conservative, Aggressive & Insane Risk Taking Preview 09:16

Half-Kelly Preview 07:24

Forex Example Preview 03:51

Kelly Criterion Summary Preview 03:25

Kelly Criterion Quiz

Money Management takeaways Preview 03:41

***Bonus Discount For Students*** Preview 00:55