ManusRisco ™ is the only money management software which manages trading
activity similar to a successful business, using proven business
management models. 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.
The ManusRisco ™
Stock Day Trader application can be used with any type stock
or mutual fund traded on any type of 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 stock
day trader.
Actual Business Organization
Profit Centers
Morning Trades
OpeningGap
HighVolumeBreakout
Trade Types / Symbols
Stocks
IBM
WMT
TASR
BIIB
BRCM
AMZN
EBAY
MutualFund
BHLXX
EGGXX
MSRXX
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 MorningTrades, OpeningGap and
HighVolumeBreakout Profit Centers.
The
MorningTrades Profit Center analyzes trades taken in the morning
when prices are volatile. The OpeningGap Profit Center
analyzes trades taken when prices gap up or down on the morning
opening. The HighVolumeBreakout Profit Center analyzes
trades taken when a stock breaks out of a price congestion area
on high volume.
He has also
created the Stocks Trade Type for his/her IBM, WMT, TASR,
BIIB, BRCM, AMZN and EBAY stock trades
He has also
created the MutualFund Trade Type for his/her BHLXX, FGGXX
and MSRXX mutual fund trades
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 IBM trade using
your OpeningGap system, the $ 1,000
profitable trade is entered into the OpeningGap Profit Center.
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.
Ideal for those who do Stock Day
Trading and Mutual Fund Day Trading.