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Better Trading: Money and Risk Management

by Daryl Guppy (2003)

Quick summary - an in-depth PhD-level extended summary (10-30 pages) for this book is coming soon.

Better Trading: Money and Risk Management

by Daryl Guppy

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Overview

Published by Wrightbooks, this book by Daryl Guppy -- an Australian trader and technical analyst known for developing the Guppy Multiple Moving Average (GMMA) indicator -- focuses on the money management and risk control aspects of trading that determine whether a trading system produces actual profits.

Expected Content

Based on publicly available information, the book covers: position sizing methods, the relationship between risk management and trading psychology, stop-loss placement strategies, portfolio-level capital allocation, the mathematics of drawdown recovery, and practical techniques for protecting trading capital while maximizing profit opportunities.

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