An easy approach to money management

Stefano Calicchio

• Publisher: Stefano Calicchio
• Year: 2013
• eBook ISBN: 9788868552459
• Topic: Business
• Subtopic: Finance
• Index: Business

What is Money Management and how does it work? Learning trading Money Management has never been so easy. For the first time a simple and accessible guide can show you the secrets used by the most successful traders. In this guidebook, you will find all the information you need to set up a proper online trading Money Management through Stop Orders, Take Profit Orders, the division of capital, the purchase of option contracts, and Trades Insurance. An Easy Approach to Trading Money Management is the first guide that can lead you into the methods of risk management and capital protection. Forget the theoretical manuals from thousands of pages sold at an insane price on the web and just enjoy reading a book that can provide you with the knowledge you are looking for at an unbeatable price.

AN EASY APPROACH TO MONEY MANAGEMENT

Table of contents

• Colophon
• Disclaimer
• Preface: Turn This Purchase into a Good Investment
• Introduction
• Money Management: This Unknown
• The Best Traders’ Secret
• How to Be Successful
• How to Manage your Mistakes
• How to Plan your own Money Management
• How to Plan your Trade Management
• How to Manage your Losses
• How to Manage your Profits
• The Risk Management
• Stop Orders
• Take Profit Orders
• Trailing Stop Orders
• The Trades Insurance
• The Importance of the Starting Capital
• The Division of the Capital
• Last Suggestions
• Conclusion

Disclaimer

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted by the law of UE and USA.  Stefano Calicchio can grant a fee-paying authorization to reproduce not more than a fifteenth part of this volume. Requests have to be forwarded to following e-mail address: [email protected]
Translated from Italian into English by: Alessandro Izzi - [email protected]
Disclaimer: this book does not constitute a consultation or solicitation to the public saving in any way. Dealing with Exchange is a risky activity. The reader is fully aware and responsible for his own financial decisions, which is the knowledge about the risks related to any type of activity. By such a disclaimer, the Author declines any responsibility on possible inaccuracies of reported data, damages, economic losses, consequential direct or indirect damages by the use or popularization of the information contained within this book. Copyright: 2012 © Standard license - All rights reserved.

Preface: Turn This Purchase into a Good Investment

This guide can be a useful investment for you, as long as you apply the suggestions and the strategies this book can offer you.
 
Although thousands of pages can be written about Technical Analysis, Basic Analysis or exotic and complicated operational strategies, just a few small errors in Money Management perpetrated on an ongoing basis can thwart any ability to predict the future prices.
 
Money Management is a tool, easy to use, whose results are immediate: what is difficult is to maintain the correct psychological control if you want to apply its rules, not only when the trading is linear, but also during stressful situations and higher volatilities.
 
Now I want to make you a promise: if you apply properly the information here contained, the few Euros you are going to spend will undoubtedly become your best investment.
 
It only depends on you if you want to put into practice the next information or just forget these words as soon as you have finished reading this book.
 
So, have a good reading and trading!

Introduction

“Give me a place to stand
and I shall move the world."
Archimedes from Syracuse

Since online trading democratized and became public, more and more people have spent their own time and money to learn and invest in the financial market. Above all, they wanted to discover how to turn this new opportunity into a successful activity in the long term.

In response to such a phenomenon, a great market of financial formation has started and thousands of books about online trading are available. Many brokers provide their own clients with so many resources and literature that they can deepen the most different, difficult, and exotic trading areas, such as simple flyers, real digital formation courses, and didactical experiences.

The same thing can be said on the innumerable trading business, such a...

Table of contents

• Cover
• AN EASY APPROACH TO MONEY MANAGEMENT
• Colophon
• Table of contents
• Disclaimer
• Preface: Turn This Purchase into a Good Investment
• Introduction
• Money Management: This Unknown
• The Best Traders’ Secret
• How to Be Successful
• How to Manage your Mistakes
• How to Plan your own Money Management
• How to Plan your Trade Management
• How to Manage your Losses
• How to Manage your Profits
• The Risk Management
• Stop Orders
• Take Profit Orders
• Trailing Stop Orders
• The Trades Insurance
• The Importance of the Starting Capital
• The Division of the Capital
• Last Suggestions
• Conclusion