The ManusRisco ™ Futures Day Trader application is
ideal for those involved in Futures Trading and/or FOREX trading.
ManusRisco ™ is the only money management software which manages trading
activity similar to a successful business, using proven business
management models.
The ManusRisco ™
Futures Day Trader
application can be used with any type of Future
or Index traded on any type of market or Exchange, including the
rapidly expanding FOREX
market.
ManusRisco
™ uses the following methodology to provide you with
the information required to trade professionally,
confidently and profitably :
-
Create a Business Organization which segregates trading
performance into meaningful “businesslike” enterprises
(Profit Centers ) which reflect your trading methodology.
-
Update the Business Organization with each day’s
completed trades.
-
Produce Analysis Reports which display key money management
statistics for the Business Organization.
-
Use the
Analysis Reports to
-
Identify
positive and negative expectation situations as well as
their trend.
-
Capitalize
on trading strengths and strive to eliminate trading
weaknesses
-
Establish
and manage the Reward / Risk profile for new trades
-
Utilize
a professional and structured money management
methodology to engender confidence, foster trading
discipline and increase the probability of achieving
long term profitability.
-
Return
to the second step ( Update the Business Organization
....) and start the process over again.
For those of
you who have any type of business experience, you will recognize
that the above steps are performed by every successful business,
whether it’s a large corporation or small mom and pop corner
grocery store.
In essence,
the above money management methodology is the framework for the
operation and management of your trading activities as a
successful business.
The ManusRisco™
Business Organization consists of Profit Centers which can be
custom designed to monitor your particular style of trading. The
Analysis Reports are then run on the Profit Centers to provide
the information required to make confident, disciplined and
educated trading decisions.
ManusRisco™
is designed to not only monitor your trading performance,
but also professionally and confidently manage your trading
business.
Without a
structured money management framework, it is very
difficult for many traders to achieve long term profitability in
today's difficult, volatile and highly competitive trading
environment.
The following
is an example of a ManusRisco ™ Business Organization for a typical
futures
day trader.
Actual Business Organization
Profit Centers
Breakout
Trend Trades
Morning Trades
Trade Types / Symbols
FOREX
Eurusd
Eurjpy
Eurchf
Gbpjpy
INDEX
Es
Nq
FINANCIALS
Bd
Tb
This trader's
Actual Business Organization contains actual trades made through
his/her
broker. The other three Business Organizations contain
trades for hypothetical, practice and prior trades.
In the Actual
Business Organization, this trader has created a Profit Center
Structure consisting of the Breakout, Trend Trades and
Morning Trades Profit Centers.
He has also
created a FOREX Trade Type for his/her Eurusd, Eurjpy ,
Eurchf and
Gbpjpy trades on the FOREX as well as an INDEX Trade Type
for his/her Es ( E Mini ) and Nq ( Nasdaq Mini ) trades and a FINANCIALS Trade Type
for his/her
Bd ( Bond ) and
Tb ( T Bill )
trades.
The Breakout
Profit Center will contain trades from a price breakout trading
system, the Trend Trades Profit Center will contain trades from
a trend following trading system and the Morning Trades Profit
Center will contain trades taken during the morning hours
when prices are more volatile.
After a trade
is completed, the profit or loss on the trade is entered into
the appropriate Profit Centers. Each Profit Center can then be
managed just like a business. Profitable trades are revenues and
losing trades are expenses.
For example,
if you make a $ 1,000 profit on an Es trade in the morning
using your Breakout trading system, the $ 1,000 profitable trade
is entered into the Breakout and Morning Trades Profit
Centers.
After about 20
trades are entered into a Profit Center, then you can run any
Analysis Report on any combination of trade elements such as
Profit Center, Trade Type, Symbol, Buy or Sell, # Traded etc
Each Analysis
Report performs a specific type of analysis which enables you to
determine.......... where you have the advantage and the
trend...... how much to trade.......where are your trading
strengths and weaknesses..........if you are playing a
positive or negative expectation game.
The Analysis
Reports enable you to manage your trading activities in a
professional and practical business environment, which in turn
provide the information necessary to execute confident, educated
and disciplined trading decisions.
Long term
profitable speculation and investment is a very difficult goal
to achieve if you fail to adopt a professional,
disciplined, business oriented money management methodology.
ManusRisco
™
is designed to be the professional money management
tool for the trader who desires to achieve long term
profitability in today's highly competitive and very volatile
trading arena.
So if you are
involved in Futures Trading and/or FOREX Trading ManusRisco
Futures Day Trader is for you.