Position Trading : BUY Like and Trader and HOLD Like an Investor (UK and International Edition)
Author | : Tony Loton |
Publisher | : |
Total Pages | : 137 |
Release | : 2010-04 |
ISBN-10 | : 0955989310 |
ISBN-13 | : 9780955989315 |
Rating | : 4/5 (315 Downloads) |
Download or read book Position Trading : BUY Like and Trader and HOLD Like an Investor (UK and International Edition) written by Tony Loton and published by . This book was released on 2010-04 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. 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." Learn how to pick the right stocks at the right time; but not until you have mastered the essential arts of: * diversifying to spread your risk. * cutting losses and securing profits with stop orders. * not risking too much money thanks to effective position sizing. * pyramiding funds into your winning positions. * leveraging your investments for greater gains. In a nutshell, learn how to: BUY like a Trader and HOLD like an Investor. Find out if a position trader could make a market-beating 55% return in just over three months and a spectacular 3000% return in as little as six months. Website at www.lotontech.com/positiontrading