Price: $13.97
(as of Apr 04, 2025 08:16:24 UTC – Details)
Unlock the secrets of successful stock trading with a practical guide that demystifies the complexities of the market. Designed specifically for beginners, this book offers a comprehensive approach to trading that balances the excitement of potential profits with the necessary caution to manage risks effectively. You’ll discover why the majority of traders fail and how you can avoid the common pitfalls that lead to financial loss. The book emphasizes the importance of risk management, helping you to understand the critical role of stop-losses, position sizing, and risk/reward ratios in safeguarding your investments.
With clear explanations and actionable strategies, you’ll learn how to develop a disciplined trading plan that aligns with your financial goals. The guide breaks down the psychological aspects of trading, teaching you how to manage emotions, maintain objectivity, and stick to your plan even in volatile markets. By introducing you to both technical and fundamental analysis, the book equips you with the tools to identify trading opportunities, analyze market trends, and make informed decisions.
Flexibility and adaptability are highlighted as essential traits for any successful trader. You’ll explore various trading strategies, from trend-following to counter-trend approaches, and learn how to back-test these strategies to ensure their effectiveness. The book also covers the nuances of leveraging, managing expectancy, and avoiding biases, providing a well-rounded foundation for long-term trading success.
This guide isn’t just about short-term gains but focuses on building a sustainable trading practice that can endure the ups and downs of the market. Whether you’re completely new to stock trading or looking to refine your existing skills, this book offers the knowledge and insights you need to navigate the stock market with confidence and achieve consistent, profitable results.
ASIN : B0DF5L6Y53
Publisher : Independently published (August 21, 2024)
Language : English
Paperback : 192 pages
ISBN-13 : 979-8336265156
Item Weight : 15.4 ounces
Dimensions : 7.5 x 0.44 x 9.25 inches