Wednesday, November 16, 2016

Psarra, 18 Smart Ways to Improve Your Trading

Maria Psarra, who worked on one of London’s biggest prop trade desks and is now a wealth manager, sketches out 18 Smart Ways to Improve Your Trading (ADVFN Books, 2016). These lessons, each between three and four pages in length, were originally published as articles in Master Investor magazine.

Most of the advice isn’t new, although two of the lessons deal with trading the highly leveraged contracts for difference (CFDs). Among other things, Psarra writes about stop losses, protecting profits, position sizing, overtrading, being afraid to pull the trigger, arrogance, and staying flexible.

Psarra’s book won’t replace standard works in the field, but traders looking for nugget-size advice won’t go wrong with 18 Smart Ways to Improve Your Trading.

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