A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin (Wiley Trading)

Hotel Resource Book Store 

 Store Home / Books / A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin (Wiley Trading)

Hotel Industry Books 

A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin (Wiley Trading)
by Bennett A. McDowell
from Wiley

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• Great Read on the Most Important Component of Any Trading Strategy
  Watch Video Here: http://www.amazon.com/review/RHJ41D0Z1V960 One of the few books out there that focuses completely on one of the most important, yet often overlooked aspects of trading, money management. Where other books tend to devote only a chapter or two on money management, Author Bennett McDowell devotes his entire 170 page book to the topic. Here you will find answers to some of the most important questions in trading such as why money... more info

• Important Topic for Traders
  A very clearly written and readable text on the #1 topic for success as a trader. The book offers valuable advice on crafting a money management system tailored to your individual style and needs. In my opinion, one of the best books out there on this hugely important topic. What sets it apart is it's readability. This will be a book I come back to a lot, I am sure.

• The Real Secret?
  I am a veteran of over 30 years of hands-on trading and a former member of many exchanges, NYSE, ASE etc
  Even though I have been a successful trader I have always had a problem exposing myself to too much risk and undue stress.
  In this book the dedicated reader will gain useful insight into the only secret on Wall Street and that is money management.

• How much should you risk?
  That's the million dollar question at the heart of sound money management, how much should you risk on each trade? McDowell answers the question superbly in his book and gives the reader tools to answer this question for yourself. The debate on this topic has raged on prior to the release of McDowell's book and will surely continue on long after as well.
  Some traders will urge you to never risk more than 2%. And, the traders in this camp feel that Ralph Vince's obsession with Optimal f formulas pose... more info

Similar Products:

The ART of Trading: Combining the Science of Technical Analysis with the Art of... by Bennett A. McDowell (Hardcover) - Usually ships in 24 hours

The Complete Guide to Day Trading: A Practical Manual From a Professional Day... by Markus Heitkoetter (Paperback) - Usually ships in 24 hours

Sell and Sell Short (Wiley Trading) by Alexander Elder (Hardcover) - Usually ships in 24 hours

The Secret Science of Price and Volume: Techniques for Spotting Market Trends,... by Tim Ord (Hardcover) - Usually ships in 24 hours

Trend Trading for a Living: Learn the Skills and Gain the Confidence to Maximize... by Thomas K. Carr (Hardcover) - Usually ships in 24 hours