Position Trading: Buy Like a Trader and Hold Like an Investor

by Tony Loton

You have no doubt heard the phrase "a long-term investment is a short-term trade gone bad", meaning that when a stock falls in price soon after purchase we tend to hold on 'for the long term' in the hope of a recovery. This book turns that phrase on its head by presenting the position trader's "a long-term investment is a short-term trade gone well". Learn how to pick the right stocks at the right time; but not until you have mastered the essential arts * diversifying to spread your risk. * cutting losses and securing profits with stop orders. * not risking too much money thanks to effective position sizing. * pyramiding funds into your winning positions. * leveraging your investments for greater gains. In a nutshell, learn how BUY like a Trader and HOLD like an Investor. Find out if a position trader could make a market-beating 55% return in just over three months and a spectacular 3000% return in as little as six months. Website at www.lotontech.com/positiontrading

138 pages, Paperback

First published March 19, 2013

Reviews

[G.w. Rodgers]

If you're thinking of having a pop at spread betting, this book is a decent place to start.

The Author lays out his system in plain terms. Perhaps there's nothing new if you've played the markets before, but this book is worth the purchase price.