ブライアン・シャノン: 絶対はない、だからサイズを間違いに合わせる
The load-bearing word is why. Shannon does not offer risk management as a patch for weak analysis; he derives it from a property of all analysis….
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Market: sp500
オリバー・ケル: 理由が消えたら、ポジションも消える
Most exit rules are levels: a stop, an average, a percentage. Kell’s is a condition. Whatever made the trade worth taking either still describes the…
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デイビッド・ライアン: 損失は1%、持ち高は10分割
Two numbers, doing two different jobs. The one percent is a loss cap: the most of the account a wrong answer is permitted to remove. The ten percent…
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ミネルヴィニ: エントリーには、場所がある
The pivot matters because it is where risk gets defined. Your invalidation level sits below the base and does not move up just because you paid more;…
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オニール: 安くなったことは、買い増す理由にならない
O’Neil’s framing is exact: averaging down is a claim that the price is wrong. Occasionally it is. But the position now has to be right about the…
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