Trade Like the Little Guy (second edition) takes the approach that
the small trader is not like the large trader - 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 in safe stocks. Small traders have advantages and it is
imperative that they use them. Trade Like the Little Guy informs
the everyday trader on how to successfully build wealth over time
in a methodical fashion. It starts with a current market thesis and
then seeks to exploit opportunities in the market place with
trading ideas that are congruent with that thesis. The book starts
with a definition of a successful trader and then shows you how to
become one. Emphasis is place on risk factors and risk management;
trading tools; thesis creation and the formation of a trading
strategy. Through the use of a real world trading example, the
concept of Active Portfolio Management is shown to minimize risks
while creating substantial rewards.
General
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