Amazon.com: David Waring "Informe...'s review of A Trader's Money Management System: How to...
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7 of 9 people found the following review helpful:
5.0 out of 5 stars Great Read on the Most Important Component of Any Trading Strategy, September 1, 2008
Length:: 1:33 Mins

One of the few books out there that focuses completely on one of the most important, yet often overlooked aspects of trading, money management. Where other books tend to devote only a chapter or two on money management, Author Bennett McDowell devotes his entire 170 page book to the topic. Here you will find answers to some of the most important questions in trading such as why money management is so important yet often overlooked, the psychology of money management, strategies for placing stop losses, how to scale into and out of trades, and how to correctly size positions. Also included are sections on record keeping and how to analyze profits and losses, complete with record keeping documents that can be photocopied directly from the book.
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Initial post: Sep 7, 2008 4:26 PM PDT
That is terrific to read and see a review on video, thank you David Waring. I agree with your review, McDowell's "A Trader's Money Management System" is a great book -- and has helped me tremendously. The video really adds another dimension to the review -- it's great!
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