Items related to Mastering Risk: Limiting Losses and Reaping Rewards...
Mastering Risk is concerned with what Mike Lally regards as the most important part of investing ?risk management (sometimes known as money management). You need to devise a totally rigid and disciplined approach to minimising losses before you begin dreaming about striking it rich. Readers are encouraged to put together a risk control plan that includes a risk-reward ratio, maximum risk per trade, stop loss strategy and a psychology of adjustment after losses. Author Mike Lally has degrees in pure mathematics and applied science. He has been a full-time private share trader since leaving the corporate sector five years ago.
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- PublisherWright Books Pty Ltd
- Publication date2002
- ISBN 10 070163667X
- ISBN 13 9780701636678
- BindingPaperback
- Number of pages240
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