Are there any current - or previous - customers of K Michael Wallace for the K Wallace Money Management systems?
https://kwallacemoneymanagement.com/explanation-of-inputs/

Michael Wallace recently appeared on the podcast from The Algorithmic Advantage:

He talks a good game, and I have a few strategies that might benefit from using some of these MM tools, but before sinking any time into learning them (and money on a subscription), I'm keen to understand whether they work and how user-friendly his tools are.

If you have any experience with the money management tools - good or bad - can you provide some feedback, please?

Thanks in advance for any comments.

Hemmo 

He talks a good game, and I have a few strategies that might benefit from using some of these MM tools, but before sinking any time into learning them (and money on a subscription), I'm keen to understand whether they work and how user-friendly his tools are.

@Hemmo,

Smart move asking here before committing. The Trading Reviews forum exists exactly for this.

I don't have direct experience with K Wallace's tools, so I won't pretend otherwise. But I can share some things worth considering when evaluating any money management / position sizing product:

• Complexity vs. usability -- 115+ configurable inputs is a lot. More inputs means more ways to curve-fit to past data. Ask yourself: will you actually understand what each parameter does, or will you end up using default settings anyway?
• The Larry Williams foundation -- The underlying concepts (increasing size after losses, decreasing after wins) come from Williams' fixed-ratio and percentage-risk methods. These are well-documented in his books like The Definitive Guide to Futures Trading. Worth reading the source material so you can evaluate whether the tool adds enough value beyond what you could implement yourself.
• Platform fit -- Since you're on TradeStation and already using Build Alpha for strategy development, check whether the tools integrate cleanly with your existing workflow. Clunky integration kills adoption.
• Trial or money-back -- Any vendor confident in their product should offer some way to test before full commitment. If there's no trial period, that's worth noting.

For your multi-market approach across SI, ES, CL, RTY, and YM, position sizing becomes especially important since volatility profiles differ so much between those contracts. Whatever tool you use, make sure it handles per-instrument risk properly rather than applying a one-size-fits-all approach.

Hopefully some members with direct experience will chime in. That real-world feedback is worth more than any sales page.

Have a good weekend!

-- Fi

"The best money management system is the one you understand well enough to trust when it tells you something you don't want to hear."