I saw Sell & Sell Short at Barnes and Noble the other day. Naturally, I returned home and ordered it from Amazon.
I've shorted a couple of times, but I think that I have to do it more often to make money in all markets. There aren't a lot of good books out there on shorting, so I am looking forward to working through this.
Here are some topics covered in the book:
- How to control risk by linking the placement of your protective stop with your money management and position size
- Where not to put your protective stops
- Why using moving averages as profit targets works well in the early stages of an upmove
- Why channels or envelopes are better targets when you are riding a trending stock
- How to use support/resistance areas for profit targets and stop losses in long-term position trades
- How to adjust your targets when market conditions change or your stock blows through the initial profit target
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