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Trade Like The Little Guy
By L.A. Little
Small traders are different than large ones and can consistently profit in the markets. This book shows you how to do that!
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Description
Trade Like the Little Guy takes the approach that the small trader is not like the large one – they have a unique footprint. They are able to dart in and out of stocks easily and find that high levels of cash are safer in times of uncertainty rather than safe stocks. Small traders have advantages and it is imperative that they use them. This book shows them how. The book starts by defining a successful trader then methodically shows you, the little guy, how to become that trader. From trade preparation to idea generation – from risk management to Active Portfolio Management – all are introduced, explained and examples provided. The final chapter puts it all together – using the tools and ideas presented in earlier chapters to provide a play-by-play of real-life trades that the author executed while writing the chapter. Week by week, purchases and sells are made while the thoughts and actions of a small trader are documented showing you how to limit risk and create profits. It’s informative and real – as close as you can get to trading with a seasoned pro. It’s a real eye-opener for the little guy.
