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 JBL
Risk Manager
$249.00
Click here to download FREE 14 day trial
JBL Risk Manager
V7
Your Price - only $249 on this essential software
Every successful Trader and Investor knows the importance of
a proven trading plan or system and understand it
requires both entry and exit rules and the discipline to
follow them. Most unfortunately focus almost all of their
attention in only finding what to trade and when. To survive
it's more important to have and follow a sound, easy to
understand, Money
Risk Management plan. This user-friendly software will
automatically calculate your
trade size or how many shares to trade, where your
initial Stop loss exit price level will be, protecting
your Trading Capital & your Trailing / Profit Stop exit
price, to protect your Profits.
This Money Management software will give you a simple
step-by-step method of keeping your emotions in check,
remove the guess work from your trading, help monitor your
performance accurately, with simple to understand reporting
and track each trade easily as it integrates with your
MetaStock data. It will help make sure you benefit by using
sophisticated Money Risk Management strategies that
work!
"After entering a trade, you are no longer a Trader but a
Risk Manager."
If you are a beginner and do not know why money, risk and
trade management are vital components of your trading we
recommend you read Trade Your Way to Financial Freedom and
Trading For A Living. Without adopting these disciplines,
you are highly likely to become an emotional trader and take
unnecessary risks with your capital. This software will help
put you on the path to disciplined trading.
If you are already an active trader, you are most likely
interested in a simple way to manage your trading. JBL
Risk Manager gives you Automatic Trade/Position Sizing,
Initial Stop and Trailing Stop exit price calculations,
Multiple Portfolios, Short & Long trades, integrates with
your MetaStock database, Stock Split Adjustment,
Performance: Win/Loss ratios, Trade Expectancy and with
permission from The Van Tharp Institute System Quality
Number, R-Multiples and R-Expectancy.
Components of our Risk/Money Management System
-
Our Profit or Trailing Stop will never be below your
Initial Stop Loss. Always steady or moving up when in
Profit but never down and will adjust automatically.
-
Your maximum Risk per trade (loss) will never be more
than *2% of true Trading Capital (less brokerage).
Automatically calculated and displayed before every
trade entry.
-
JBLRM will automatically trigger an
EXIT! when
your Stop, is hit.
-
Maximum size of each trade will never be more than *20%
of TRUE Trading Capital.
-
Time Stop exit is triggered if trade has not hit
breakeven within 10 days, money can be better invested
elsewhere but long term investors may choose to ignore
*Of course, you can also modify these parameters, easily.
JBLRM can also act as your Performance monitor; it will
track and progressively calculate your trading performance
automatically. Also ideal for those paper trading or back
testing your trading parameters.
- Automatic Trade Sizing how
many shares to BUY or Short Sell for each trade
- Stop Placement calculated
Stop Loss and Trailing /
Profit Stop exit price
- Integrates with your MetaStock database
for automatic daily updates
- Share Trading Journal
kept for each trade
- Share
Price History saved for all trade entries
- Long and Short trades allowed for with
individual performance reporting
- Technical Stop entry is optional and can
be used in place of the automatic Trailing
Stop
- Maximum % Risk takes brokerage both ways
into account
- Limits over trading and too many Open
Trades
- Multiple portfolios and currency
symbols for trading and back testing
- Power Pivot Points automatically
calculated daily, for short term trends and trend bias
- Portfolio Average
$Win and $Loss calculated
after each trade
- Portfolio %Win and
%Loss Ratio calculated
after each trade
- Show summary of all Open
and Closed Positions very easily
- Show Cumulative Profit/Loss
and available Cash
- Average trading
period for portfolio and trading days
of each trade
- Average $Rate of
Return - Trade Expectancy
- Total Brokerage charges of all closed
positions
- Stock Split adjustment is a simple
process on all open positions
- Portfolio Performance accurate and
thorough automatically calculated
Now included
with kind permission
from The Van Tharp Institute (IITM)
- System Quality
Number
(SM)
automatically calculated (ideal back-testing tool)
- R Multiple
reward to risk ratio automatically calculated for each
closed trade
- R Expectancy
ratio automatically calculated
JBL Risk Manager was developed for those Traders and
Investors that trade Shares but Options, Forex and Futures
is also currently being considered.
Customer Testimonials
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 and knowledge into such an effective and simple
program.
B.C. (Vic)
In my humble opinion, I feel that all investors in the
market should be utilising this very easy to use product. It
has simplified my investing regime and resulted in reducing
the time I spend involved in my wealth creation strategies.
It does not matter if you are a full time investor or a
small player in the markets this product, JBL Risk Manager
is an invaluable tool and a must have for all. I would buy
it at double the price. I cannot commend it highly enough.
It has my strongest endorsement.
E.P. (WA)
Overall it's a winner Joseph! For someone who appreciates
the importance of capital & risk management, position sizing
and win/loss ratios, expectancy etc, this application is a
must.
- Peter G Skalak
Click here to download FREE 14 day trial
JBL Risk Manager
V7
Your Price - only $249 on this essential software
Share Market Trading and Investing kept simple!
General information only - Non Advisory
Before making an investment decision on the basis of this
information, the investor or prospective investor needs to
consider, with or without the assistance of a securities
adviser, whether the advice is appropriate in light of your
particular investment needs, objectives and financial
circumstances of the investor or prospective investor.
“When you buy a share always assume you have made a mistake
until the market indicates otherwise, and not the reverse?”
Hello, my name is Joseph Barrington-Lew
and after more than 10 years of helping frustrated beginners
and experienced traders understand the importance of correct
Money & Risk Management principles and why they should use
them, I felt there had to be an easier way to benefit from
these basic principles used by successful investors &
traders. Feedback from friends and colleagues found books on
the subject too difficult to follow or put into practice and
this still is the case, in my opinion. After a few more
years of study, listening to and having long discussions
with many traders - JBL Risk Manager was launched and it has
helped many traders around the world limit their losses,
protect their profits and monitor their trading performance
by automatically removing the emotion and guesswork from
their trading decisions.
The following information will be of
interest to both novice or experienced traders & investors.
Assume you are wrong?
More than
90% of traders lose money in the share market!
……So doesn’t it make sense to
do the opposite of what the majority are doing?
Some of the best Traders in the World
only get 50% of their trades right, in other words, they
only make money 50% of the time. The difference is
successful traders exit immediately when the evidence
indicates they have got the trade wrong, and when in
profit let the market signal when to get out and not
their friends or emotions (fear of loss/ego).
After buying
that share always assume you have made the wrong decision
because the chances are you probably have! It’ll be easier
to sell and close that losing trade if you feel you’ve made
the wrong decision in the first place. Don’t simply say this
share is for the long term anyway as it keeps
falling…
or
e.g. “I’ve made 100% profit on this
share, I’m not greedy, and I’m getting out.”
What this trader is actually saying is
“I’m afraid of losing all my profits or if my colleagues
find out I could have made 100% profit and it then went down
they may say I was too greedy.” These inexperienced traders
can’t wait to tell their colleagues how well they did
recently, but they never talk about their losses unless they
chose to give up on the sharemarket and decided to invest
their many elsewhere. What we need is a “Trading System” or
a list of simple rules to follow, the discipline to act on
them and accept you will have losses.
Requirements of a Trading System
•
Entry Strategy – Education & Experience
•
Trade Sizing Strategy – Money Management – How many
shares to BUY
•
Exit Strategy – Risk Management – Minimise any
Loss with a Stop Loss Price & SELL
•
Profit Taking Strategy – Protecting Profits on the
way up, when do I SELL
All or nothing?
All 4 strategies of your Trading System
(Rules) must be in place before making that trade (Entry,
Trade Sizing, Exit & Profit Taking), otherwise….
EXAMPLE
•
Trade 1. You have $20,000 to trade with so you buy
20,000 shares of XYZ Co. @ $1.00 / share. You have your exit
price (stop loss) set so that if the share price drops 10% (
90c ) you get out, and it does. Remaining Trading Capital
$18,000.
No Trade Sizing Strategy, minimize risk!
•
Trade 2. Once bit, twice shy, “they” say, you
are now a little more cautious and only buy 5,000 shares of
ABC Co. @ $1.00 / share but it goes up to $1.30 (30%) you
decide that’s great profit,” I’m not greedy”& sell.” How can
you lose taking a profit?”
“I’ve made $1,500”
you tell your friends, this is great, you think, but you
lost $2,000 on your first trade, your in fact down $500 to
$19,500?
No Trade Sizing Strategy! No one
share should feel better or worse than the other, the share
either fits all your Entry rules or it doesn’t, don’t get
personal!
No Profit Taking Strategy! Don’t
let your emotions tell you when to Sell, the market and your
Profit Taking exit strategy will do that, who knows how much
higher it may have gone?
•
After 10 or 20 trades this can get out of control &
hard to manage!
Money & Risk Management is very
important, if not the most important issue that must
be addressed by anyone serious about trading the Markets and
being successful by making a Profit.
M & R M will preserve both your Initial
& Accumulated Trading Capital. You may already have a great
entry system or a set of rules to determine what to buy but
if your method of Money Risk Management is clumsy, you
will lose money, needlessly!
Once a share is purchased your role is
no longer as a Trader but a Risk Manager.
At some point in time your trading
system will meet a draw down period (losing streak) and if
you don’t know what to do, you will lose your feeling of
control and try desperately to trade your way out of this
crisis but too many people feel despondent and abandon a
perfectly good trading system, or give up trading altogether
with large profits still to be made. As a Trader, you’re
destined to fail without a proven Money / Risk Management
strategy or rules. Managing the Capital in your account,
controlling the risk it is exposed to, the size of each
trade, together with entry/exit strategies are all
pre-requisites of any Money/Risk Management System and
successful trading or investing but Remember - There is no
Holy Grail for trading!
Click here to download FREE 14 day trial
only $249
So, keep it simple, follow your rules
and good trading and investing.
Disclaimer
– Not Financial
Services Advice
-
This article has been produced for the general information
of traders and investors, without any regard whatsoever for
any individual person's needs or objectives. You should not
act on any advice, information or data seen here, without
first obtaining specific advice from your own adviser.
Reliance on any such advice, information or data is at your
own risk. I offer no guarantee or warranty, nor do I accept
responsibility, in any way, for the accuracy, reliability,
timeliness or completeness of any advice given above.
Neither we, nor any of my employees, agents or
representatives will be liable to any person for any loss or
damage, arising as a result of any action taken on advice,
information, or data read in this article. You must accept
full responsibility for your own actions.
Joseph Barrington-Lew
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