| Trade Like a Pro Contributor(s): Drakoln, Noble (Author) |
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ISBN: 0470287357 ISBN-13: 9780470287354 Publisher: Wiley OUR PRICE: $63.00 Product Type: Hardcover - Other Formats Published: March 2009 Annotation: Practical trading strategies that incorporate the use of futures, options, and spot markets Filled with in-depth insights and expert advice, Trade Like a Pro will show readers how to: construct trades that carefully incorporate spot, futures, and options together; choose one of 15 strategies that can diminish risk and maximize profit potential; and determine the risk/reward profile of staying in a trade, or if a trade can be salvaged, using any one of the 15 strategies to rescue the position. Each strategy is broken down into three components: "why you should use it," "when you should use it," and "what market environments are most conductive" to using it. Included among the strategies are: using options as a stop or as a risk management tool and using straddles and strangles to trade news events. Noble DraKoln (Long Beach, CA) is President of Liverpool Group Inc. and author of the Wiley title Winning the Trading Game (978-0-470-16995-7). |
| Additional Information |
| BISAC Categories: - Business & Economics | Investments & Securities - General |
| Dewey: 332.6 |
| LCCN: 2008036346 |
| Series: Wiley Trading |
| Physical Information: 1.3" H x 6.1" W x 9" (1.05 lbs) 288 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Praise for Trade Like a Pro "Noble's commitment to the individual trader is exactly what traders need during these volatile times. He has knowledge that spans across markets and is worldwide. He is a valued contributor to the TraderPlanet.com community, and this book further demonstrates his dedication to educating traders and helping them become more successful." "In a time when, on a global level, important things are happening to the financial industry, when new profit opportunities as well as risks are revealed, the book Trade Like a Pro offers a complete picture concerning the risk administration techniques." "Trade Like a Pro is a comprehensive presentation of all the basic trading strategies that belongs in every investor's library. Whether your specialty is futures, options, or stocks--or, for that matter, a combination of all three--you will find yourself going back to this valuable reference guide again and again. Everything rings true. Moreover, the author gives you the pros and cons of each respective strategy without imposing his own point of view. Well researched and presented." "Armed with good intentions, most new traders are unaware of the realities involved. Although there is often the belief among novice traders that profitability will be easy, the evidence strongly suggests otherwise. In his new book, Trade Like a Pro: 15 High-Profit Trading Strategies, Noble DraKoln offers a thoughtful approach to making the transition from unsuccessful retail trader to the arena of the professional, which is imperative for lasting success as a trader." |