There are two categories in which you can include any monetary management strategy: martingale and anti-martingale. It should be mentioned here that those are not only classification categories of monetary management strategies.
Martingale Money management Strategies
Money management strategies are based on martingale type used to widen the operations after each operation ends with losses. Martingale type strategies are, in theory, give infallible and insurance benefit, but in practice, these are not good: capital is required to ensure unlimited trading success of such strategies.
Anti-Martingale Money management Strategies
If martingale strategies increase the size of the operation after each losing trade, anti-martingale strategies do just the opposite: reduce the size of the operation after a losing trade as they can increase the size of the operation after a winning trade.
The objective of this type of money management strategy is to preserve capital when it undergoes a series of losing trades and maximize benefits for a number of winning trades. It must be said at this point that the winning and losing trades are not distributed evenly. For example, you have a trading system whose statistics show a 50% winning trades. If we had a uniform distribution, it would get a winning trade after a losing repeatedly in time. However, non-uniform causes distribution of streaks for winning operations and streaks although losing operations den whole statistical value of a given percentage of winning and losing operations.
Money management strategies like anti-martingale encompass a range of strategies and money management methods well known and studied and, usually, this type is highly recommended for any trader, unless you count an unlimited trading capital. However, it also has its risks being the main asymmetric leverage effect.