A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin by Bennett A. Mc
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Author(s): Bennett A. McDowell
Publisher: --
Category: Finances and Money
Date: 08.07.2008
Pages: 210
Language: English
ISBN-10: 470187719
ISBN-13: 9780470187715
Format: PDF
Book Description:
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 oneand 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 workand immediately benefit from the value of effectively managing risk.
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