Learn
more ....
What's
the key to successful trading? Picking the right security? Timing
the entry? Both are important, but they're not the key to success
..it's
Money Management.
Paradoxically,
money management is the least understood aspect of trading, but
it's the most important.
Without
good money management, a great system will not guarantee long
term success. Poor reward / risk ratios, draw-downs, not cutting
losses and a host of other factors will eventually lead to ruin.
Most traders attribute their failure to not finding a good system
or to a volatile market and simply drop out after losing their
capital.
This
doesn't have to happen to you. By implementing good money management,
your chances of success are greatly improved.
Money
management doesn't have to be complicated and it doesn't have
to be boring.
STOPS
(Stop-Tracking-for-Open-Position-Securities)
has revolutionized
the practice of money management for active traders. STOPS provides
all the tools you need, in an easy to use, integrated, affordable
software package.

STOPS provides a full suite of easy to use, integrated money
management tools. (View
Full-Size)
STOPS
works in conjunction with your pricing
data, your analysis program and your broker, providing a suite
of integrated money management tools that seamlessly empower you
with the key ingredients to trading success.
By breaking money management into eight categories, STOPS helps
you implement successful money management at your own pace, providing
an excellent learning environment.
STOPS
money management categories:
- Trade
Tacking
Tracking trading details accurately and clearly is fundamental
to money management. STOPS provides comprehensive, integrated
trade tracking.
- Position
Sizing
Determining the number of shares or contracts to trade is
the single most important concept in money management. STOPS
utilizes proven anti-martingale position sizing.
- Risk
Control
Monitoring open risk is paramount to effective money management.
STOPS provides risk management tools for both account risk
and individual open position risk, providing flexibility for
a variety of systems and market conditions.
- Exit
Analysis
Knowing when to exit a trade ..
before entering the trade,
is critical to trading success. STOPS provides a wide array
of exit tools, fully integrated with all STOPS money management
tools.
- System
Analysis
Continually monitoring and evaluating your trading system
is absolutely necessary for long term trading success. STOPS
provides complete performance evaluation of your actual trading
account, providing un-compromised forward analysis of your
trading system.
- Monte
Carlo Analysis
Monte Carlo analysis is a simulation technique for estimating
future results of a trading system by analyzing past system
performance. Using STOPS Monte Carlo simulation, key system
performance indicators are predicted with reasonable accuracy.
- Paper
Trading
Paper trading is a proven method to simulate trading without
risking real money. STOPS contains all the necessary tools
for both the novice and seasoned trader to duplicate the actual
trading experience.
- Tax
Reporting
Taxes are the most dreaded part of trading. Coming soon, STOPS
will automate all of your tax reporting requirements.
Each
of the STOPS money management categories is fully explained and
illustrated with examples. Take the time to review each and you
will see that STOPS is the beginning of your trading success.
See
our Managing to Win
Money Management Journal. Each issue contains a short money
management lesson followed by the details of actual short term
trades, from open through close utilizing security pricing, STOPS
paper trading and money management tools.
See
STOPS Tutorials for step-by-step
usage instructions of the various STOPS Money Management tools.