{"product_id":"9780955989339","title":"Position Trading (Second Edition)","description":"You have no doubt heard the phrase \"\"a long-term investment is a short-term trade gone bad\"\", meaning that when a stock falls in price soon after purchase we tend to hold on 'for the long term' in the hope of a recovery.\u003cp\u003eThis 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\"\".\u003c\/p\u003e\u003cp\u003eYou will learn how to pick the right stocks at the right time; but not until you have mastered the essential arts of:\u003c\/p\u003e\u003cp\u003e* using diversification to spread your risk.\u003c\/p\u003e\u003cp\u003e* cutting losses and securing profits with stop orders.\u003c\/p\u003e\u003cp\u003e* not staking too much too soon thanks to effective position sizing.\u003c\/p\u003e\u003cp\u003e* pyramiding more money into your winning positions.\u003c\/p\u003e\u003cp\u003e* leveraging your investments for greater gains.\u003c\/p\u003e\u003cp\u003eIn a nutshell you will learn how to...\u003c\/p\u003e\u003cp\u003e\"\"BUY like a Trader and HOLD like an Investor\"\"\u003c\/p\u003e\u003cp\u003eWARNING: This strategy could seriously damage your wealth...or make you rich! \u003c\/p\u003e\u003cp\u003eCompanion website at www.lotontech.com\/positiontrading\u003c\/p\u003e","brand":"LOTONtech","offers":[{"title":"Default Title","offer_id":49820635496688,"sku":"9780955989339","price":15.95,"currency_code":"USD","in_stock":false}],"url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780955989339","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}