Practical Risk Management & Position Sizing
In the Analysis to Action Webinar on 25th Feb 2017, I had shown the Excel Sheet I use for Position Sizing and many Attendees had asked to upload that sheet. While I was showing the 2nd Example in that sheet I saw that there was a mistake in the formula so wanted to correct it and then upload. While correcting it I was thinking that many people will have a different Hit Ratio and everyone will have a different capital size so just an example of my system will not be effective. Hence, I made this new sheet by keeping in mind what can be useful practically without going into the difficulties on understanding the jargons used by big Analysts or Fund Managers and hope that it will be useful for everyone.
Here is a short video on how to use the Risk Management & Position Sizing Tool
You can download the sheet from the following link
After Downloading, Enable editing and Enable Macros. In case it shows a warning, it is due to the macro & there is no virus embedded 😉