A Trader's Money Management System -- Contents -- Foreword -- Preface -- Acknowledgments -- Disclaimer -- Introduction: This Is My Money Management System -- THE MAIN GOAL IS TO START NOW! -- EXPECT THE UNEXPECTED -- SIX TYPES OF RISK TO MANAGE IN TRADING -- THE LAYOUT OF THIS BOOK -- GET YOUR HIGHLIGHTER OUT AND USE IT -- Part I: Psychology of Risk Control -- Chapter 1: It Just Ain't Sexy! -- WHY IS MONEY MANAGEMENT SO BORING? -- PSYCHOLOGY OF RISK CONTROL -- STEP NUMBER ONE: MAKE IT SEXY AND MAKE IT FUN -- PSYCHOLOGICAL MOTIVATORS -- Chapter 2: Confidence in Your Plan -- YOU GOTTA' BELIEVE! -- THE "AMAT" TRADE THAT GOT AWAY -- A PENNY STOCK TRADE THAT WENT BANKRUPT -- THAT'S WHEN I BECAME A BELIEVER AND DEVELOPED CONFIDENCE IN MY PLAN -- Chapter 3: Yin and Yang -- FOCUS ON YOUR STRENGTHS AND ADJUST FOR YOUR WEAKNESSES -- YIN AND YANG OPPOSITES DEFINED -- YIN AND YANG PERCEPTIONS REVEALED -- IDENTIFY YOUR CURRENT STRENGTHS AND WEAKNESSES -- AFTER YOU TAKE INVENTORY -- Chapter 4: Risk Psychology and "The Trader's Mindset" -- WE CALL IT "THE TRADER'S MINDSET" -- FIFTEEN DESTRUCTIVE PSYCHOLOGICAL TRADING ISSUES AND THEIR CAUSES -- MIRROR, MIRROR ON THE WALL -- PERSONAL OBSTACLES -- NIRVANA IS WHERE YOU WANT TO BE -- Part II: Stop-Loss Exits -- Chapter 5: Not Every Trade Will be a Winner -- OVERSTATING THE OBVIOUS? -- MAYBE, THE WORST THING THAT CAN HAPPEN IS TO HAVE A STREAK OF WINNERS IN THE VERY BEGINNING -- PERFECTIONISTS BEWARE -- WHAT IS THE ANSWER? -- YOU'VE GOTTA HAVE A STOP -- Chapter 6: Entry Rules and Your Trading System -- FIND A SYSTEM THAT MAKES YOU FEEL COMFORTABLE AND CONFIDENT -- YOU KNOW WHERE TO GET IN- BUT WHERE AND WHEN DO YOU GET OUT? -- ABOUT THE ART® TRADING SYSTEM -- ART GIVES ME ENTRY AND EXIT SIGNALS BASED ON CURRENT MARKET DYNAMICS AND MARKET REALITIES -- ADAPTING TO CHANGING ENVIRONMENTS AND CHANGING MARKET CYCLES.

FOUR MAJOR MARKET CYCLES -- YOUR TRADING SYSTEM IS YOUR BEST FRIEND -- Chapter 7: Stop-Loss Exit Rules -- THERE'S A WORLD OF RISK IN TRADING: A RISK LIST TO LIVE BY -- SEVEN BASIC STOP-LOSS EXITS -- YOU CAN SET YOUR INITIAL STOP 3 PERCENT BEYOND SUPPORT -- NOT SETTING STOPS -- SETTING MENTAL STOPS -- MOVING STOPS -- THE DOWN SIDE TO POORLY SELECTED STOP-LOSS EXITS -- THE MARKET HAS TO BREATHE, AND SO DO YOUR STOPS -- USE CURRENT MARKET DYNAMICS TO DETERMINE YOUR STOP -- Chapter 8: Scaling Out and Scaling In -- SCALING OUT LOCKS IN PROFIT AND RELIEVES ANXIETY -- TWO WAYS TO INCREASE YOUR TRADE SIZE AND MAINTAIN SOLID RISK CONTROL -- SCALING OUT EXAMPLE ON THE E-MINI -- SCALING IN TO A POSITION AND INCREASING TRADE SIZE -- Part III: Trade Size Does Matter -- Chapter 9: Using Risk-of-Ruin Tables and the Optimal f Formula -- YOUR SURVIVAL DEPENDS ON HAVING RESPECT FOR THE RISK OF RUIN -- RUNNING THE NUMBERS -- AFTER YOU RUN THE NUMBERS -- OPTIMAL f FORMULA CALCULATES THE OPTIMAL FRACTION OF CAPITAL TO BE RISKED -- COMPARING OPTIMAL f EQUATION RESULTS TO THE RISK-OF-RUIN TABLES -- ACCOUNT DRAWDOWN -- Chapter 10: Using the Two Percent Risk Formula and Proper Trade Size Formula -- IT'S A NUMBERS GAME -- TWO PERCENT RISK FORMULA -- TRADE SIZE FORMULA -- TRADE SIZE FORMULA USING LEVERAGE -- TRADE SIZE CALCULATOR EXAMPLE -- TRADE SIZE AND RISK PSYCHOLOGY -- Part IV: Record Keeping and Profit/Loss Analysis -- Chapter 11: Tracking Profit and Loss Results and More Formulas for Success -- BENEFITS FROM MAINTAINING A CONSISTENT RECORD KEEPING SYSTEM -- AN APPLE A DAY (OR ANALYSIS EVERY DAY) KEEPS THE TRADING DOCTOR AWAY -- MAKE THE COMMITMENT -- DETERMINE YOUR CURRENT TRADING VITAL STATISTICS -- FORMULAS FOR SUCCESS -- WIN RATIO FORMULA -- PAYOFF RATIO FORMULA -- COMMISSION RATIO FORMULA -- CONSISTENT RETURN ON INVESTMENT.

Chapter 12: Using Trade Posting Cards and Ledgers -- NOW YOU'RE A TRADING ACCOUNTANT -- WHAT IS INCLUDED IN THE TRADER'S ASSISTANT RECORD KEEPING SYSTEM -- TRACKING YOUR PSYCHOLOGY -- THIS IS YOUR HAND-WRITTEN SCORECARD -- A YEAR IN THE LIFE OF A TRADING STUDENT -- ANNUAL TRADE LEDGER EXAMPLE -- BEAT THE MARKET -- MONTHLY TRADE LEDGER EXAMPLES -- WEEKLY TRADE LEDGER EXAMPLES -- DAILY TRADE LEDGER EXAMPLE -- DAILY WORKSHEET EXAMPLE -- TRADE POSTING CARD EXAMPLES -- THE ULTIMATE SCORECARD -- PLOTTING YOUR EQUITY CURVE -- REAL-LIFE EXAMPLES ARE A STARTING POINT -- Part V: Design Your Own Plan -- Chapter 13: Know Thyself- Your Risk Profile and Discipline Profile -- HOW COMFORTABLE ARE YOU WITH TAKING ON FINANCIAL RISK? -- HOW DISCIPLINED ARE YOU? -- YOUR COMFORT ZONE -- Chapter 14: Risk Management Rules to Choose From -- YOU'VE GOT TO PLAY BY THE RULES! -- WHEN DO YOU GO ON HOLIDAY? -- WHEN DO YOU TAKE THE MONEY AND RUN? -- HOW WILL YOU HANDLE DRAWDOWN? -- WHAT PERCENT OF YOUR TRADING ACCOUNT WILL YOU RISK ON EACH TRADE? -- WHAT TRADE SIZE WILL YOU USE? -- WHAT PERCENT OF YOUR TRADING ACCOUNT WILL YOU RISK AT ANY GIVEN TIME? -- WHAT PERCENT OF YOUR TOTAL NET WORTH WILL YOU RISK ON TRADING? -- WHEN WILL YOU EXIT A TRADE? -- HOW WILL YOU SCALE OUT OF A POSITION? -- HOW WILL YOU SCALE IN TO A POSITION? -- HOW WILL YOU DIVERSIFY? -- ESTABLISH YOUR RECORD KEEPING RULES -- WRITE IT DOWN -- Epilogue -- Appendix A: Getting Started with Your Trade Size Calculator Software -- Appendix B: The Trader's Assistant Record Keeping System -- SETTING UP YOUR RECORD KEEPING SYSTEM -- ADAPT THE TRADER'S ASSISTANT SYSTEM TO SUIT YOUR NEEDS -- THE TRADER'S ASSISTANT FORMS ARE ALSO AVAILABLE IN A PDF FILE FORMAT -- Appendix C: The Art of Paper Trading -- EVERY FINANCIAL MARKET IS A CHAMPIONSHIP ARENA -- PAPER TRADING TEN-STEP PLAN -- PAPER TRADING IS FOR SISSIES!.

WHAT DO YOU THINK ABOUT PAPER TRADING? -- Appendix D: Resources -- BOOK AND VIDEO SOURCES -- RECOMMENDED BOOKS -- PERIODICALS -- EDUCATION -- Glossary -- About The Author -- Index.