1.

Record Nr.

UNINA9910811317603321

Autore

McDowell Bennett <1957->

Titolo

A trader's money management system : how to ensure profit and avoid the risk of ruin / / Bennett A. McDowell

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, c2008

ISBN

0-470-42859-7

1-281-38200-0

9786611382001

0-470-37461-6

Edizione

[1st ed.]

Descrizione fisica

1 online resource (226 p.)

Collana

Wiley trading series

Disciplina

332.64/5

Soggetti

Investment analysis

Speculation

Risk management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references (p. 173-177) and index.

Nota di contenuto

A Trader's Money Management System; Contents; Foreword; Preface; Acknowledgments; Disclaimer; Introduction: This Is My Money Management System; Part I: Psychology of Risk Control; Part II: Stop-Loss Exits; Part III: Trade Size Does Matter; Part IV: Record Keeping and Profit/Loss Analysis; Part V: Design Your Own Plan; Epilogue; Appendix A: Getting Started with Your Trade Size Calculator Software; Appendix B: The Trader's Assistant Record Keeping System; Appendix C: The Art of Paper Trading; Appendix D: Resources; Glossary; About The Author; Index

Sommario/riassunto

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 exitsThe value of managing trade size and consistent record keeping