Aside from winning trades, strong money management is the key to successful trading and investing. Many traders, both novices and experienced, have lost their wealth due to poorly defined money management strategies and a lack of risk controls. Whether or not most of your trades are profitable, if you don't limit your losses, your overall profits will virtually disappear. And, the only way to limit significant losses is with the support of a strong money management programme. This book presents a comprehensive and detailed ...
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Aside from winning trades, strong money management is the key to successful trading and investing. Many traders, both novices and experienced, have lost their wealth due to poorly defined money management strategies and a lack of risk controls. Whether or not most of your trades are profitable, if you don't limit your losses, your overall profits will virtually disappear. And, the only way to limit significant losses is with the support of a strong money management programme. This book presents a comprehensive and detailed approach to implementing such a programme, whether you are trading in wheat or stocks. It explains how to create a management programme that addresses the emotional aspects of trading, from greed and fear to ego, and offers 15 rules to control emotions in the decision-making process. The book shows the trader how to identify their risk tolerance, the first step in setting parameters, and explains how to select and screen trades using fundamental and technical analysis, based on risk profile.
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Add this copy of Trading the Plan: Build Wealth, Manage Money, and to cart. $1.99, good condition, Sold by ThriftBooks-Dallas rated 4.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 1997 by Wiley.
Add this copy of Trading the Plan: Build Wealth, Manage Money, and to cart. $20.79, new condition, Sold by Your Online Bookstore rated 5.0 out of 5 stars, ships from Houston, TX, UNITED STATES, published 1997 by Wiley.
Add this copy of Trading the Plan: Build Wealth, Manage Money, and to cart. $63.51, new condition, Sold by GridFreed rated 4.0 out of 5 stars, ships from North Las Vegas, NV, UNITED STATES, published 1997 by Wiley.
Add this copy of Trading the Plan: Build Wealth, Manage Money, and to cart. $88.95, new condition, Sold by GridFreed rated 4.0 out of 5 stars, ships from North Las Vegas, NV, UNITED STATES, published 1997 by Wiley.
Add this copy of Trading the Plan: Build Wealth, Manage Money, and to cart. $666.67, fair condition, Sold by BookDrop rated 4.0 out of 5 stars, ships from Phoenix, AZ, UNITED STATES, published 1997 by Wiley.
