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

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

by Bruce Babcock

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Overview

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

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.

Product Details

ISBN-13: 9780786310104
Publisher: McGraw-Hill Companies, The
Publication date: 03/01/1996
Pages: 218
Product dimensions: 6.30(w) x 9.42(h) x 0.82(d)

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