LOTONtech
Position Trading (Second Edition)
Position Trading (Second Edition)
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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