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Money Management for Traders
- Essential Formulas and Custom Record Keeping Forms for Successful Trading
- Narrated by: Michael Curtis
- Length: 1 hr
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Publisher's Summary
Money Management for Traders by trading expert Bennett A. McDowell is a refreshing gem that spells out everything you need to know about protecting yourself from risk of ruin in your trading and investing.
You'll discover how to:
- Create a custom money management system that works for you
- Avoid the risk of ruin and protect your trading account
- Calculate your win ratio and payoff ratio
- Compare the risk of ruin tables to the optimal f formula
- Use effective stop-loss exits to protect your downside
- Determine the best trade size for every trade
- Master risk control essentials for financial success
- Find out the right amount of capital to put at risk on each trade
- Keep awesome trading records using the enclosed trade ledgers
- Work with the TradersCoach.com trading support team
- Find important trading videos on YouTube
- Refresh and enhance your money management skills
These time-tested strategies are easy to implement once you've listened to this colorful and straightforward audiobook. You're sure to become a money management expert in no time. Plus, there's tons of support from the author's team, giving you the confidence to build out a custom plan that works for you. Climb aboard and benefit from these essential risk control truths!
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.