Money Management Share Market Risk Trading Software
Stock Market Position Sizing Software for ALL Share Traders
Intergrates with Metastock format Local data - Metastock Charting Software NOT Required!
- FOR NOVICE BEGINNERS and SHARE TRADING PROFESSIONALS -
POSITION SIZING and DYNAMIC RISK MANAGEMENT KEPT SIMPLE
JBL Risk Manager - Screen shots - Click on each image to enlarge.
Lee and I just had to write and say that we have been using your JBL Risk Manager software for several months now and we are delighted with its ease of use and the powerful simplicity it delivers into our hands when we consider keeping or selling shares. We have now grown well away from our beginnings of wondering how much to invest, buying shares and wondering when to take a profit or hanging onto them as they lost value and hoping they would "come good" again. Your Risk Manager program has protected profits for us and has signalled the time to quit an unprofitable situation. Our involvement in the share market is now business like and successful. Congratulations on translating your skill & knowledge into such an effective yet simple program.
B.Counsel - 2/2010 (Leederville, WA)
-Thank you again Joseph and I can now put your excellent program to work on my stock lists. Just =for your info, from time to time a course member has asked -if I have a recommended money -management approach. Over the years I haven't made any recommendations in that regard. -After experimenting with JBLRM -thus far, however, has shown it has excellent potential, and is well worth the investment. I'll be more than happy to refer your program to my course members and others.
Gordon De Roos - 4/2010 "Andrews Pitchfork Primer" - Median Line Educator (Ontario, Canada)
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Overall it’s a winner Joseph! For someone who appreciates the importance of capital and risk management, position sizing and win/loss ratios, expectancy etc, this application is a must.
P. Skalak - 4/2010 (Melbourne, Victoria)
Congratulation for creating such beautiful software for risk management. I have used many advanced money management software but none comes as near as JBL Risk Manager in terms of user friendliness and features that are compressed in such small software.
V. Mehta - 3/2010 Trader and Educator (Mumbai, India)
Our fund is currently quite substantial, with the shares/free cash proportion constantly changing. Until now I have developed a reasonably complex spreadsheet to manage the trades and to assess and record all the transactions, success rate etc, however, it pales into insignificance compared to your software.
Dr. J. Barnes - 11/2009 (Toronto, Canada)
I've been trading for many years and started using your software early last year (2008) and I am really impressed with it. I really appreciate the way it works - simple but very effective. I'm happy to recommend this Position Sizing program to all seasoned share trading professionals and beginners. My investment in JBL Risk Manager was my best trading decision."
J. Carter - 9/2010 (Perth, WA)
List of Program features:
- Risk Tolerance Calculator helps determine your risk tolerance - FREE with download
- Position Sizing or how many shares to trade, calculated automatically
- Stop Placement - Recommended Stop Loss and Trailing Stop exit price
- Integrates with your updated EOD MetaStock data service
- Share Trading Diary/Journal entry provision for each trade
- Long and Short Trades catered for with independent performance reporting
- Technical Stop exit price entry available in place of recommended Profit Stop
- DYNAMIC Maximum % Risk per Trade correctly takes into account brokerage charges
- Limits over trading by optimizing your Trading Capital and timing
- Static or Dynamic Initial Stop Loss (Auto Calculation or Manual Entry)
- Multiple Portfolios, Currency Used, Brokerage Fees & Multiple Exchanges
- Pivot Points automatically calculated daily - short term analysis and trend bias
- Portfolio/Trade Performance - Average $Win and $Loss updated daily
- Portfolio/Trade %Win and %Loss Ratio updated daily
- Average $Rate of Return - Trade Expectancy
- Portfolio Performance comparison tool
Now included with kind permission from The Van Tharp Institute (IITM)
- System Quality Number (SM) automatically calculated
- R Multiples with Variance - Reward to Risk ratio
- R Expectancy ratio automatically calculated with Standard Deviation
To order FIRST Download your FREE 14 day fully functional trial, enter Trial Registration No. into box below then click ORDER NOW graphic on right. Please try and ORDER before trial expires. Thank you.
Forward Questions or Support issues to Support Team
Watch video to see how easy it is to use JBL RM for Money, Dynamic Risk & Trade Management
Components of a successful Share Trading Plan
Position Sizing also known as Money Management tells you how many shares to trade and is the most important component of any Trading Plan. Don’t confuse Money Management with Stop Placement. Stop placement does not answer the question, how many? Risk Management refers to Stop Placement to minimise any losses and protect your profits. Your Maximum% Risk/Trade should NEVER be more than 2% of your Core Trading Capital. Your recommended Initial Stop Loss exit price is automatically calculated and displayed before each trade. Alternatively enter your own but do not exceed Trade Size. The maximum Trade Size of each trade should never be more than 20% of Core Trading Capital and JBL RM calculates this by optimizing your available Capital, minimizing your risk & monitoring your performance.
Click on any of the video links below to discover more!
Money-Management Software Quick Introduction - 1' 52"
Money-Management Software Short Visual Tour - 8' 49"
Money-Management Software - Some Trading Examples - 4' 14"
Money-Management Software and Trade Expectency - 7' 0"
Money-Management Software and ATR Explained - 10' 40"
Money-Management Software with Power Pivot Points - 5' 37"
Coming Soon Trial MetaStock® data - ASX, SGX and US Stocks
You may wish to raise the recommended Initial Stop Loss BUT be aware by doing so may get you stopped out early due to whipsaws, volatility and/or Stop Gunning The recommended Initial Stop Loss will optimize your Trading Capital, limit %Risk and Trade Size.
Some may wish to lower the recommended Stop Loss thus exposing the trade to more risk and a larger potential loss. The decision is entirely yours.
"Never risk more than 1% of your total equity in any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is critical." Larry Hite
"Failure to prepare is preparing to fail." John Wooden
"The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades that are windfalls. The real skill is in not LOSING money!"
Linda Bradford Raschke
"Your worst-case exit, which is there to preserve your capital, should be determined ahead of time."
Van Tharp
DISCLAIMER: Park Avenue Consulting provides the material on this web site for informational/educational purposes. Investments and investing strategies are personal, conditional on many factors. No mention of a particular security on this site constitutes a recommendation to readers to buy, sell or hold that security. No discussion or evaluation of any particular investing strategy on this site constitutes a recommendation to readers to employ the strategy. Readers are responsible for their own investment research and decisions.
Static Initial Stop vs. Dynamic Initial Stop
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