{"product_id":"traders-money-management-9780470187715","title":"Traders Money Management","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eMoney management may very well be the most important piece of the trading puzzle. In \u003ci\u003eA Trader''s Money Management System\u003c\/i\u003e, expert Bennett McDowell provides time-tested techniques that can turn a losing trader into a winning one?and take the winning trader to an entirely new level. In revealing his personal approach to staying out of trouble in the financial markets and maximizing profits, he offers comprehensive insights into:  \u003cul\u003e \u003cli\u003eThe psychology of risk control as well as the finer aspects of setting stop-loss exits\u003c\/li\u003e \u003cli\u003eThe value of managing trade size and consistent record keeping\u003c\/li\u003e \u003cli\u003eThe process of putting together your own personal money management system\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eUnlike other books that focus on the complex mathematical theories behind money management, this book presents its system in straightforward, easy-to-understand terms that will allow you to quickly see how these concepts work and immediately benefit from the value of effectively managing risk.\u003c\/p\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eForeword vii\u003c\/p\u003e \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003eDiclaimer xiii\u003c\/p\u003e \u003cp\u003eIntroduction This is My Money Management System 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Psychology of Risk Control 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 It Just Ain’t Sexy! 9\u003c\/p\u003e \u003cp\u003eChapter 2 Confidence in Your Plan 15\u003c\/p\u003e \u003cp\u003eChapter 3 Yin and Yang 23\u003c\/p\u003e \u003cp\u003eChapter 4 Risk Psychology and The Trader’s Mindset 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Stop-Loss Exits 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 5 Not Every Trade Will be a Winner 39\u003c\/p\u003e \u003cp\u003eChapter 6 Entry Rules and Your Trading System 45\u003c\/p\u003e \u003cp\u003eChapter 7 Stop-Loss Exit Rules 55\u003c\/p\u003e \u003cp\u003eChapter 8 Scaling Out and Scaling In 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Trade Size Does Matter 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 9 Using Risk-of-Ruin Tables and the Optimal \u003ci\u003ef\u003c\/i\u003e Formula 75\u003c\/p\u003e \u003cp\u003eChapter 10 Using the Two Percent Risk Formula and Proper Trade Size Formula 83\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four Record Keeping and Profit\/Loss Analysis 89\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 11 Tracking Profit and Loss Results and More Formulas for Success 91\u003c\/p\u003e \u003cp\u003eChapter 12 Using Trade Posting Cards and Ledgers 99\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five Design Your Own Plan 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 13 Know Thyself—Your Risk Profile and Discipline Profile 133\u003c\/p\u003e \u003cp\u003eChapter 14 Risk Management Rules to Choose From 139\u003c\/p\u003e \u003cp\u003eEpilogue 149\u003c\/p\u003e \u003cp\u003eAppendix A Getting Started with Your Trade Size Calculator Software 151\u003c\/p\u003e \u003cp\u003eAppendix B The Trader’s Assistant Record Keeping System 153\u003c\/p\u003e \u003cp\u003eAppendix C The Art of Paper Trading 167\u003c\/p\u003e \u003cp\u003eAppendix D Resources 173\u003c\/p\u003e \u003cp\u003eGlossary 179\u003c\/p\u003e \u003cp\u003eAbout the Author 203\u003c\/p\u003e \u003cp\u003eIndex 205\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":48864624836951,"sku":"9780470187715","price":43.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470187715.jpg?v=1722272784","url":"https:\/\/bookcurl.com\/products\/traders-money-management-9780470187715","provider":"Book Curl","version":"1.0","type":"link"}