Position Trading (Second Edition): Buy Like a Trader and Hold Like an Investor
Buy Like A Trader And Hold Like An Investor
- Editore:
LOTONTECH
- EAN:
9780955989339
- ISBN:
0955989337
- Pagine:
- 200
- Formato:
- Paperback
- Lingua:
- Inglese
Descrizione Position Trading (Second Edition): Buy Like a Trader and Hold Like an Investor
You have no doubt heard the phrase ""a long-term investment is a short-term trade gone bad"", meaning that when a stock falls in price soon after purchase we tend to hold on 'for the long term' in the hope of a recovery. This book turns that phrase on its head by presenting the position trader's mantra: ""a long-term investment is a short-term trade gone well"". You will learn how to pick the right stocks at the right time; but not until you have mastered the essential arts of: * using diversification to spread your risk. * cutting losses and securing profits with stop orders. * not staking too much too soon thanks to effective position sizing. * pyramiding more money into your winning positions. * leveraging your investments for greater gains. In a nutshell you will learn how to... ""BUY like a Trader and HOLD like an Investor"" WARNING: This strategy could seriously damage your wealth...or make you rich! Companion website at www.lotontech.com/positiontrading