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The Successful Trader's Guide to Money Management: Proven Strategies, Applications, and Management Techniques (Wiley Trading) - Hardcover

 
9781119798804: The Successful Trader's Guide to Money Management: Proven Strategies, Applications, and Management Techniques (Wiley Trading)
  • PublisherWiley
  • Publication date2021
  • ISBN 10 1119798809
  • ISBN 13 9781119798804
  • BindingHardcover
  • LanguageEnglish
  • Edition number1
  • Number of pages320

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Hardcover. Condition: new. Hardcover. Discover how to maximize the effectiveness of your trading techniques by applying the right money management techniques Money management is a central element of trading the financial markets, especially in uncertain times. Yet investors often misinterpret the central concepts of money management. To manage risk and obtain optimal rewards from your trades, you will benefit from a deeper understanding of how the professionals manage money. The Successful Traders Guide to Money Management describes the operating methods that seasoned investors use. With this book, youll avoid the common mistake of focusing too much on entry levels and stop-losses, and youll learn to consider the impact of proper money management on your final portfolio results. Successful traders focus on risk management, avoiding opening positions that are too large with respect to the total capital they have available. Packed with practical examples and with special focus on money management or position-sizing, The Successful Trader's Guide to Money Management offers a comprehensive coverage of widely practiced risk management models, examining their strengths and weaknesses. You will learn how to use the most effective operating models, including the Fixed Fractional, Fixed Ratio, and Percent Volatility models. This book also provides a thorough analysis of portfolio management models. These essential tips will nudge you toward a more winning position as you enter your next trades. Learn how the professionals manage money and avoid common trading mistakesDesign a trading system that minimizes risk and maximizes reward through correct position sizingUnderstand the most important money and portfolio management models, including Fixed Ratio, Percent Volatility, Fixed Fractional, and moreEquip yourself to trade smarter, individually or with a broker, on equity, derivatives and Forex markets For individual and institutional investors alike, this book is a ticket to more solid trading strategy, especially in uncertain times. Place of publication from CIP data view. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781119798804

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Hardback or Cased Book. Condition: New. The Successful Trader's Guide to Money Management: Proven Strategies, Applications, and Management Techniques 1.27. Book. Seller Inventory # BBS-9781119798804

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