Position Trading: Buy Like a Trader and Hold Like an Investor

By 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 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 Investor"" WARNING: This strategy could seriously damage your wealth...or make you rich Companion website at www.lotontech.com/positiontrading

• Format: Paperback
• Language: English
• ISBN: 0955989337
• ISBN13: 9780955989339
• Release Date: January 2011
• Publisher: Lotontech
• Length: 200 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"