trading game

The Trading Game: Playing by the Numbers to Make Millions
$60.00
It's always been surprising to me that this book sells so well and the classics are not as popular. The sensational sub-title "Playing by the Numbers to Make MILLIONS" must convince readers that Jones can give them the secret to becoming a millionaire.

Thing is he doesn't give you any secrets to success, instead he sends you in the wrong direction by stating that "risk of ruin" isn't important and that the "Jones Fixed Fractional" approach is better than the standard "optimal F". Neither claims are true, and you'd be better off learning about "risk of ruin" from Balsara and about "optimal F" from Vince, the true grand daddy's of money management. If Vince and Balsara are too complicated, a newer author, McDowell, simplifies both of these concepts so that you can get on the right track.

A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin (Wiley Trading)

The Handbook of Portfolio Mathematics: Formulas for Optimal Allocation & Leverage (Wiley Trading)

Money Management Strategies for Futures Traders (Wiley Finance)

Check out the review of Ryan Jones book "Apples and Oranges" dated July 7, 2001, that reviewer has a real understanding of money management and what works and explains the flaws of Jones' book with great clarity. At the end of the day, you'd be better off getting a Vince, Balsara or McDowell book if you want to improve your trading results.

PS: If you look at the back flap of Jones's book jacket in "The Trading Game - Playing by the Numbers to Make MILLIONS" you will see him say that he says his book gives you "...a complete, workable method for making $1 million in five years or less..." then on page 232 in his "A Final Thought" he says "...Open a $10,000 account and day-trade the S&P when you feel lucky if you want. But when that money is gone (and it most likely will be) do not alter the plan. Do not pollute the plan...".

If he is teaching effective money management - then why on earth does he believe that his students will lose their entire trading capital? Very odd indeed -- he lures readers in to buy the book with a "get rich quick" title and book jacket text -- then tells them that they'll "most likely" lose all of their money -- but remember -- even after they lose all their money he doesn't want them to alter the plan or pollute the plan.

That just doesn't make any sense.

Upper Deck World of Warcraft Dark Portal - Booster Box
$95.99
Was very happy whith what I ordered and very happy on how fast shippment made it to me.

Doctor Who Collectable Trading Card Game Starter Deck
$11.00
Starter deck from the 1996 Doctor Who card game. 60 Cards with rule book.

DOZEN (12) BIRTHDAY PARTY Rubber Ducks/DUCKIES
$5.99
These duckies made an especially special splash when they came out of my 2 year old's pinata. These made a perfect filler and an awesome party favor. Another great filler were the ducky whistles. Needless to say, my son had great fun on his next bath!!