| Trading Without Gambling Contributor(s): Link, Marcel (Author) |
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ISBN: 0470118741 ISBN-13: 9780470118740 Publisher: Wiley OUR PRICE: $54.00 Product Type: Hardcover - Other Formats Published: December 2008 Annotation: "Trading Without Gambling" will show how to become a better trader by making and following a game plan. A game plan is both a way of looking at the market and a way to plan and time every trade. The author asserts that trading decisions should be made while the market is closed and should include precise entry and exit strategies. He will show traders exactly what they need to do at the close of each day's trading and prior to the next day's opening. He advocates that traders should create scenarios for how the market might move and how they will respond to those moves. Within those scenarios, the book will show traders how to identify high probability trades and where they should set their entry and exit stops. The author discusses the importance of money management, using stops, trading rules, and constantly reviewing and managing positions. In short, the book provides a very practical, easy-to-understand blueprint to becoming a successful trader. |
| Additional Information |
| BISAC Categories: - Business & Economics | Finance - General - Business & Economics | Investments & Securities - General |
| Dewey: 332.64 |
| LCCN: 2008022104 |
| Series: Wiley Trading |
| Physical Information: 1.1" H x 6.1" W x 9.1" (1.05 lbs) 288 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Many people perceive trading as nothing more than a gamble. But there are still people who consistently make money trading. How do they do it? They've learned to separate gambling from trading. And the way they do this, says author Marcel Link, is by developing a proper plan. In Trading Without Gambling, Link shows how to create and use a sound game plan to improve every aspect of trading-including finding trades, timing, knowing how much to trade, where to exit, and how to adjust risk-while leaving very little to gambling. |
