All traders know that to be successful they have to minimize their losses and maximize their gains. Most traders focus on Stop placement to achieve this goal. But just as important, is the decision on how much to risk on each trade.

This seminar thoroughly covers the topic of Position Sizing, reviewing various Allocation Methods, from Fixed Trade Size to the Optimal f. Different Methods work on different Strategies. When you see WHY some Methods work well in certain situations, you will have more confidence in your trading – and that’s worth a lot.

In the last section of the seminar, we review the new tools in OmniTrader, relating them to the earlier material. Using the software, I apply the Portfolio Simulator, Trade Size Calculator and the new Reward: Risk tool so you can see precisely how to integrate them into your trading regimen.

By the way – this seminar is NOT a math course! We look at real world examples and present the material in a way that avoids formulas and calculations. Using the material in this seminar, you can understand and apply the Art of Money Management like a pro. Mastering Money Management will empower you with the information you need to improve your trading to the greatest extent possible through intelligent Position Sizing and risk management.