No matter what the reasons, with a system of decision-making you do this or that deal - all this does not play absolutely no role. Of course, that the most important in the investment process is the result.Most approaches this goal through the creation of complex trading systems, or involves a huge number of indicators, or working with arrays of information of a fundamental nature, or maybe - just diversify their portfolios.
But Ryan Jones does not use any of these approaches, or uses them very little - he only operates on a set of positive and negative outcomes.Only numbers, and the results are stunning, and there is no doubt that many of those who reads this book will be shocked and reconsider their views on stock trading.This is not surprising, because this book - about money management, what is called "money management", and it is - the third major aspect of trade, whose presence provides the investor or trader to strategic success, and his lack of it - leads to losses.The other two are in a completely different field, he devoted a lot of other books in which the disclosed methods of analysis to ensure the correct choice of the market), and the principles of diversification of investments, which are also the subject of numerous publications on this topic.
And I must admit honestly - demonstrated their approaches argue, it would seem inconceivable at first glance the situation: as a result of having more losing trades than profitable (even at a ratio of 70/30) is possible, however, get a positive result! Why so?It's simple: just draw attention to discrepancy of logic and mathematics in the process of capital management and its attendant risks, both immediately become clear reasons why there is virtually no failures of commercial transactions, but only unqualified capital management.
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