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The Nature of Trends - Группа авторов

Автор: Группа авторов
Издательство: John Wiley & Sons Limited
Серия:
Жанр произведения: Управление, подбор персонала
Год издания: 0
isbn: 9781118179482

Today's market participants have a myriad of tools at their disposal. Yet the success rate is that of old – 80% to 90% of traders fail to achieve their financial goals. This book shows traders how to get their investment act together. It covers in detail the three requirements needed for success: Winning psychology, effective money management and a written trading plan with an edge. The Nature of Trends also provides unique tools (for example the MIDAS tool) that provide low risk trade entry by telling the trader the level at which an entry may be safely effected Finally, the book provides the «Rule of 3» to manage a trade. These rules allow the trader to take profits and hold on for long-term profits without increasing risk.