A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of RuinISBN: 978-0-470-18771-5
Hardcover
224 pages
July 2008
This is a Print-on-Demand title. It will be printed specifically to fill your order. Please allow an additional 15-20 days delivery time. The book is not returnable.
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Money management may very well be the most important piece of the
trading puzzle. In A Trader's Money Management System,
expert Bennett McDowell provides time-tested techniques that can
turn a losing trader into a winning one?and take the winning trader
to an entirely new level. In revealing his personal approach to
staying out of trouble in the financial markets and maximizing
profits, he offers comprehensive insights into:
- The psychology of risk control as well as the finer aspects of setting stop-loss exits
- The value of managing trade size and consistent record keeping
- The process of putting together your own personal money management system
Unlike other books that focus on the complex mathematical theories behind money management, this book presents its system in straightforward, easy-to-understand terms that will allow you to quickly see how these concepts work and immediately benefit from the value of effectively managing risk.