Important Trading Tips and Tricks

From my point of view, the most important thing is to create a concept of how to look at money management as a whole. Our elemental approach is based on the philosophy that each strategy in a portfolio is like a single employee in a large firm. And the point of managing such a firm isn't based on the fact that each employee should receive the same part of the firm's resources (same percentage of capital), but each employee should have dynamically allocated resources based on how they are doing; how effective they are, and how they are contributing to the firm as a whole. Therefore, our risk management is based on a very dynamic real-time evaluation of actual effectivity of all the "employees". That means, not only from a point of view of their singular effectivity, but also from the viewpoint of their functionality as a whole. Based on such evaluation, different resources are allocated dynamically to each "employee" in time.