Money management is the key to better trading. In Better Stock Trading, Daryl Guppy shows how to improve returns without winning more trades just by using good money management techniques. As a private trader, you level the market playing field by using the best money management strategies for your account size. Trading skill counts, but money management gives you an important edge. From the straight forward 2% rule, to pyramiding methods and overall portfolio management, the author presents a selection of strategies, which allow one to capitalize on a rising market and protect funds when the bear takes over. He shows you how to study your own trading history and use hits information to improve your trading future. These methods make the difference between trading survival and consistent success
Book Details:
- Author: Daryl Guppy
- ISBN: 9780470821015
- Year Published: 2003
- Pages: 352
- BISAC: BUS036060, BUSINESS & ECONOMICS/Investments & Securities / Stocks
About the Book and Topic:
Money management is the key to better trading. In Better Stock Trading, Daryl Guppy shows how to improve returns without winning more trades just by using good money management techniques. As a private trader, you level the market playing field by using the best money management strategies for your account size. Trading skill counts, but money management gives you an important edge. From the straight forward 2% rule, to pyramiding methods and overall portfolio management, the author presents a selection of strategies, which allow one to capitalize on a rising market and protect funds when the bear takes over. He shows you how to study your own trading history and use hits information to improve your trading future. These methods make the difference between trading survival and consistent success
Money management is the key to better trading. In Better Stock Trading, Daryl Guppy shows how to improve returns without winning more trades just by using good money management techniques. As a private trader, you level the market playing field by using the best money management strategies for your account size. Trading skill counts, but money management gives you an important edge. From the straight forward 2% rule, to pyramiding methods and overall portfolio management, the author presents a selection of strategies, which allow one to capitalize on a rising market and protect funds when the bear takes over. He shows you how to study your own trading history and use hits information to improve your trading future. These methods make the difference between trading survival and consistent success.
Includes contributions from professional traders around Asia showing how to choose the right trading style for each market. * Strategies are linked to Excel spreadsheets for easy reference. * Supplemented on www.guppytraders.com with constantly updated material.
About the Author
Daryl Guppy is founder and Director of Guppytraders.com. He is a full time active private position trader trading equities and associated derivatives markets from Darwin, in Australia s remote Northern Territory. He is the author of Share Trading; Market Trading Tactics; Chart Trading and Snapshot Trading. He is a regular contributor to trading magazines including Active Trader and Technical Analysis of Stocks and Commodities. He produces a weekly Internet based newsletter designed to teach traders charting and analysis skills and maintains www.guppytraders.com as an educational resource. He conducts public trading workshops for the public and is an invited speaker in Singapore, Hong Kong, Malaysia and the US where he provides workshops for Reuters, Equis, Traders Library and the Society of Remisiers, Singapore.