Synopses & Reviews
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.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 InvestorWARNING: This strategy could seriously damage your wealth...or make you rich Companion website at www.lotontech.com/positiontrading