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Rules of the Trade: Indispensable Insights for Active Trading Profits
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Rules of the Trade: Indispensable Insights for Active Trading Profits Paperback - 2005 - 1st Edition

by Nassar, David S

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Description

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Details

  • Title Rules of the Trade: Indispensable Insights for Active Trading Profits
  • Author Nassar, David S
  • Binding Paperback
  • Edition number 1st
  • Edition 1
  • Condition New
  • Pages 278
  • Volumes 1
  • Language ENG
  • Publisher MCGRAW HILL BOOK CO
  • Date 2005-02-01
  • Illustrated Yes
  • Features Bibliography, Illustrated, Index
  • Bookseller's Inventory # ING9780071450447
  • ISBN 9780071450447 / 0071450440
  • Weight 0.86 lbs (0.39 kg)
  • Dimensions 9.08 x 5.6 x 0.85 in (23.06 x 14.22 x 2.16 cm)
  • Library of Congress subjects Electronic trading of securities
  • Library of Congress Catalog Number 00061675
  • Dewey Decimal Code 332.640

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First line

With the emerging gateway to electronic trading opening wide due to revolutionary changes in the securities industry, a volatile stock market, and technological advancements, the first rule in preparing to trade it to understand that The rules are ever changing.

From the rear cover

Everything you need to know to become a successful, knowledgeable active trader

"David S. Nassar has done an excellent job assembling the key characteristics and attributes traders need that are often ignored."
-- William Lupien, chairman, Optimark Technologies, Inc., from the foreword

Successful traders know: Profitable trading is governed by rules. And while you might occasionally get lucky, nobody beats those rules for long. Rules of the Trade tells you exactly what those rules are. Written by online trading pioneer David Nassar, this insightful, example-packed book shows you what active traders do to consistently cut their losses while letting profits run, including: Always use limit orders-- Determine what price you will trade at, and maintain control by finding liquidity Never take home a loser-- Don't hold sour trades overnight, just dump them as quickly as you can and move on Set mental stops-- Impose essential discipline on yourself, while shielding your exit points from the market

Whether bull, bear, or turbulent, one aspect of today's markets is clear----a lot of active traders are making a lot of money. Rules of the Trade will show you how to join their ranks by building your confidence, limiting your risk, and dramatically improving your odds of profit on every trade you make.