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Equity Trading
The Only Thing In Your Control Is Your Equity. The Only Equity That Can Not Be Taken From You Is Bitcoin. So simple, yet so hard! That is Equity Trading in One Easy Lesson.
This is a brief summary of my new book which may be purchased on Amazon or through the special offer at the end of this article.
There are hundreds and even thousands of books and courses on charting, technical analysis, wave theory, volume, moving averages, momentum, effects of moon phases, and even astrology. As a past commodity and stockbroker in my youth, I have seen them all. Yes, I even had one client that traded with the stars, literally. His timing on picking tops and bottoms was uncanny, yet in the end, his account was zeroed out due to poor money management.
There are also countless articles and expensive research think tanks outlining market fundamentals. And research on market fundamentals rarely, if ever, has more than a market risk disclaimer.
Some books on technical trading never cover money management. Most do, but even those that do cover this secret usually limit it to a footnote or at best a chapter. The majority of trading books are devoted to some formula, system, or indicator that tells you when or where to buy and sell. After all, many of these books and courses sell for hundreds and even thousands of dollars and no one wants to shell out that kind…
