Book on Position Pyramiding ?

Discussion in 'Educational Resources' started by Aston01, Jan 17, 2014.

  1. Aston01

    Aston01

    I am fairly familiar with the concept of pyramiding into trades, and have seen quite a few articles on the subject. One of the things I haven't seen discussed as extensively are the various nuanced details like frequency of additional entries and so on.


    Can anyone possibly recommend a book with a more in depth discussion of the topic?



    BTW - I am not looking for a book on the merits of averaging down ...that's a WHOLE different subject.
     
  2. I dont think a book per se exists, but ive seen editorials across the net.

    Try google, see what you can dig
     
  3. Perry Kaufman's New Trading Systems and Methods has a section on this. There is a PDF on the web if you don't want to buy that monster of a book.

    It was the first book on trading I ever bought, long before I began trading, and reading it gave me a good insight.