Description: Trade Like a Casino : Find Your Edge, Manage Risk, and Win Like the House, Hardcover by Weissman, Richard L., ISBN 0470933097, ISBN-13 9780470933091, Like New Used, Free shipping in the US A detailed look at the common characteristics found in most successful traders
While there are a variety of approaches to trading in the financial markets, profitable traders tend to share similar underlying characteristics. Most have a methodology that they believe will prove profitable over the long run and are willing to endure short-term setbacks. If youre looking to make the most of your time in todays markets, you need to understand what separates the best from the rest. And with Trade Like a Casino, youll gain the knowledge needed to excel at this challenging endeavor.
Engaging and informative, this reliable guide identifies and explains the key techniques and mental processes characteristic of successful traders. It reveals that successful traders operate very much like a casino in that they develop a method that gives them "positive expectancy" and they unflappably implement the method in the face of changing, and oftentimes volatile, market conditions. Page by page, th explores the intricacies of methodology, mental control, and flexibility that allow traders to develop and maintain the casino-like edge.
- Reveals how many successful traders tend to follow the same general principles, even if their approach to trading may differ
- Explores how to account for the risk of being wrong and the market moving against you
- Discusses how to develop an approach that combines trade selection with sound risk management, avoids emotional attachment to positions, exploits volatility cycles, and focuses on market action
Regardless of how you approach markets, the insights found here will help improve the way you trade by putting you in a better position to distinguish the differences between successful and unsuccessful traders.
Price: 62.02 USD
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End Time: 2025-02-01T14:15:51.000Z
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Book Title: Trade like a Casino : Find Your Edge, Manage Risk, and Win like the House
Number of Pages: 288 Pages
Language: English
Publisher: Wiley & Sons, Incorporated, John
Topic: Investments & Securities / Portfolio Management, Finance / General, Decision-Making & Problem Solving, Investments & Securities / Analysis & Trading Strategies, Investments & Securities / General
Item Height: 1 in
Publication Year: 2011
Illustrator: Yes
Genre: Business & Economics
Item Weight: 17 Oz
Author: Richard L. Weissman
Item Length: 9.3 in
Item Width: 6.3 in
Book Series: Wiley Trading Ser.
Format: Hardcover
