Lose Your Shirt. Save Your Life. Carry On Trading.
The market wizards have given about the widest variety of trading advice imaginable. Ritchie continues the trend with a ground breaking thesis that one must learn how to lose. Everyone wants to take on risk, reap the rewards, and do it without any drawdown. This is the first mathematical proof that such a goal is impossible, if not a recipe for failure. Ritchie gives you two choices-lose like a pro and keep trading, or lose like a novice and quit. He even includes sections for Christians who quietly suffer from the guilt of expanding the gap between the rich and everyone else.