If you haven't read Tharp - Trade your way to Financial Freedom,
it will be the fastest profit from an expense to help you in this
market. I was unable to produce stable returns until I starting
using a spreadsheet for position size. Part of the exercise is you
can't enter the trade without knowing your stop. Tharp also has a
book on stops. Entries and exits from Dr. Alexander Elder is good
also if you have read his 'Come into my Trading room. Books for
thought. Wishing you some good trading success.
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Where is your stop
Posted by schnellinvestor on 15th of May 2009 at 09:55 am
If you haven't read Tharp - Trade your way to Financial Freedom, it will be the fastest profit from an expense to help you in this market. I was unable to produce stable returns until I starting using a spreadsheet for position size. Part of the exercise is you can't enter the trade without knowing your stop. Tharp also has a book on stops. Entries and exits from Dr. Alexander Elder is good also if you have read his 'Come into my Trading room. Books for thought. Wishing you some good trading success.