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Fixed-Variable Money Management
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Author:  hedgeitall [ Mon Apr 16, 2012 11:36 pm ]
Post subject:  Fixed-Variable Money Management

This is a pretty simple idea that I have been using for a while and it generally proves to be better then the general MM function based on account balance/equity.

if (MoneyManagementLots>=HistoricalLots)
{
Lots=MoneyManagementLots;
}
else
{
Lots=HistoricalLots;
}

MoneyManagementLots = optimized lots based on account balance/equity.
HistoricalLots = Largest Lots Traded (use check history routine to find largest lots)

The risk is the same as trading a fixed lot, with the advantage of optimized lots.
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