Neil's Fixed Fraction Strategy

...continued from yesterday

World Cup trading contest winner Neil Peplinski uses a fixed fraction strategy. His formula for calculating how much money to use on his next trade during the competition was:

Number of contracts
= [40% x Account Equity not including open profits] / Margin per contract

continued tomorrow ...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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