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Position Trading: BUY like a Trader and HOLD like an Investor (USA Edition)
Position Trading BUY like a Trader and HOLD like an Investor - USA Edition Author:Tony Loton 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 t... more »rade 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 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. Companion website at www.lotontech.com/positiontrading« less