The Four Cardinal Principles of Trading: How the World's Top Traders Identify Trends, Cut Losses, Maximize Profits & Manage Risk

the four cardinal principles of trading: how the world's top traders identify trends, cut losses, maximize profits & manage risk

more information about The Four Cardinal Principles of Trading: How the World's Top Traders Identify Trends, Cut Losses, Maximize Profits & Manage Risk

The Four Cardinal Principles of Trading: How the World's Top Traders Identify Trends, Cut Losses, Maximize Profits & Manage Risk

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Book Description
Successful traders utilize a wide variety of approaches to attack the markets. Irrespective of the approach, virtually every top trader abides by four key principles: trade with the trend, cut losses short, let profits run, and manage risk. In this eagerly anticipated book, trading expert Bruce Babcock fully explains each of these principles and shows readers how to implement the four principles in their own trading. Consisting of a series of interviews with top traders, Babcock demonstrates that while there are many ways to trade, only those traders who rigorously apply the four principles will achieve lasting success. Featured traders include Jack Schwager, Larry Williams, and Tom Aspray. All traders, from rank beginners to seasoned veterans, will enjoy and benefit from this important new book.

The Four Cardinal Principles of Trading: How the World's Top Traders Identify Trends, Cut Losses, Maximize Profits & Manage Risk,Bruce Babcock,McGraw-Hill,0786310103,Business / Economics / Finance,Business/Economics,Commodities,Commodities And Commodity Exchanges,Commodity exchanges,Commodity futures,Finance,Investments & Securities - General,United States,Business & Economics / Personal Finance / Investing

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