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Money management and Risk management are the same thing essentially. Defining a trading edge and then determining how much MONEY you want to RISK per trade is what needs to be found. The only way to find a true edge is to take trades based off the same definable criteria and journal them to see if they play out. risking 1-2% per trade is standard.
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Vantharp got some interesting trainings about risk management, even in his page theres a simulator you can download. Thorpe´s book Mathematics of Money Management is really good a littlte tought to digest Edited by g1080
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