Hot off the Press: Position Trading (Third Edition)

Today I am proud to announce the publication of the third edition of my Position Trading book. It’s an evolution rather than a revolution, so…

What wasn’t broke, I’ve left alone.
What was broke, I’ve tried to fix.

There’s enough new stuff to have made it worth the effort, but not so much as to make it unrecognizable from the earlier editions. Think of it as a mid-term facelift: the same car with new bumpers and an upgraded stereo, and with the back-end (final chapters) reshaped more than the front.

Buy the Paperback Book from or 

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!

Two Steps to Better Spread Betting:

Two Steps to Better Spread Betting:
1) Buy the Better Spread Betting Book
2) Sign up with Ayondo or InterTrader

Disclaimer: this posting is for general education only; it is not trading advice.