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About the Author

Michael Bryant is the owner of Adaptrade Software. He holds a BS degree in engineering from the University of Connecticut (1984) and MS (1985) and PhD (1989) degrees in mechanical engineering from the University of Wisconsin-Madison with a minor in computer science. After working in the aerospace industry in the field of spacecraft design for three years, he held faculty positions for 11 years in the departments of Ophthalmology and Mechanical Engineering at the University of Southern California. Dr. Bryant has been trading and studying the futures markets since 1994 and has published articles in engineering and scientific journals, as well as articles on position sizing (listed below). In addition to Adaptrade Software, he previously operated Breakout Futures (www.BreakoutFutures.com), which was merged with Adaptrade Software in 2013.

Published Articles on Money Management...

Adapting position size to volatility, July 2008, Active Trader magazine.

Money Management Indicators, October 2001, Technical Analysis of Stocks & Commodities.

Position Sizing with Monte Carlo Simulation, February 2001, Technical Analysis of Stocks & Commodities.