V.16:5 (250-255): Matching Money Management With Trade Risk by Daryl Guppy
Product Description
Matching Money Management With Trade Risk by Daryl Guppy
Manage your trades using technical analysis by identifying risk points as well as setting profit objectives. This Australia-based author shares some of his favorite techniques.
Most of us think trading is a rational process, but many private traders approach trading the same way that other people approach a wishing well. Those people throw money into the well, make a wish and wait for their wish to come true. In the same vein, some private traders throw money into the market and all they wish for is a profit. Sometimes the wish comes true, but most times, just like a wishing well, it is a waste of money and time. For traders using the market as a substitute for a wishing well, trading is a very emotional experience.
With that in mind, let’s take a closer look at the way emotion interferes with good trading and at some of the ways that chart analysis can help us establish trading objectives more effectively.
Manage your trades using technical analysis by identifying risk points as well as setting profit objectives. This Australia-based author shares some of his favorite techniques.
Most of us think trading is a rational process, but many private traders approach trading the same way that other people approach a wishing well. Those people throw money into the well, make a wish and wait for their wish to come true. In the same vein, some private traders throw money into the market and all they wish for is a profit. Sometimes the wish comes true, but most times, just like a wishing well, it is a waste of money and time. For traders using the market as a substitute for a wishing well, trading is a very emotional experience.
With that in mind, let’s take a closer look at the way emotion interferes with good trading and at some of the ways that chart analysis can help us establish trading objectives more effectively.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |