---
product_id: 426944338
title: "Money Management for Traders: Essential Formulas and Custom Record Keeping Forms for Successful Trading (BEST BOOKS 4 TRADERS)"
brand: "bennett a. mcdowell"
price: "₨611"
currency: SCR
in_stock: true
reviews_count: 10
url: https://www.desertcart.sc/products/426944338-money-management-for-traders-essential-formulas-and-custom-record-keeping
store_origin: SC
region: Seychelles
---

# Money Management for Traders: Essential Formulas and Custom Record Keeping Forms for Successful Trading (BEST BOOKS 4 TRADERS)

**Brand:** bennett a. mcdowell
**Price:** ₨611
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Money Management for Traders: Essential Formulas and Custom Record Keeping Forms for Successful Trading (BEST BOOKS 4 TRADERS) by bennett a. mcdowell
- **How much does it cost?** ₨611 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.sc](https://www.desertcart.sc/products/426944338-money-management-for-traders-essential-formulas-and-custom-record-keeping)

## Best For

- bennett a. mcdowell enthusiasts

## Why This Product

- Trusted bennett a. mcdowell brand quality
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## Description

Money Management for Traders: Essential Formulas and Custom Record Keeping Forms for Successful Trading (BEST BOOKS 4 TRADERS)

## Images

![Money Management for Traders: Essential Formulas and Custom Record Keeping Forms for Successful Trading (BEST BOOKS 4 TRADERS) - Image 1](https://m.media-amazon.com/images/I/613H0tNVPlL.jpg)
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## Customer Reviews

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    Money and Risk Management
  

*by S***T on Reviewed in the United States on April 6, 2022*

Money Management for Traders is an excellent book with great insight. The book can be read and understood in one sitting with actionable items to immediately implement.  Money Management is a fundamental part of trading.  Bennett McDowell discusses a disciplined systematic approach in risk management which is a critical component of a trading plan but is probably the least understood.Topics includes, win ratio, payoff ratio, risk of ruin, trader size matters, dollar risk, stop loss exit strategies and a record keeping form to track your trading statistics.  By utilizing the forms provided, and implementing a record keeping system, you should be able to spot strengths and weaknesses in reviewing your trading history.This book is the first in a series of investment books by “Best Books 4 Traders”.  I can’t wait until the next one is available.  The format is easy to read, awesome and reminds me of “The Little Book” series, such as “The Little Book of Common Sense Investing” by John C Bogle and “The Little Book That Beats The Market” by Joel Greenblatt.

### ⭐⭐⭐ 3.0 out of 5 stars







  
  
    the book actually is 30 pages, good for rookies not more
  

*by A***  on Reviewed in the United States on April 29, 2024*

Actually nothing special, if you already know something.It was told that there would be examples of stop loss placing - it is missed.20 pages of glossary and other books recommendations. This is not something I was looking for.Real price of the book is 5 USD.But if it is your first experience in risk management it is okay, but I won’t recommend it much.

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    Live to Play Another Day
  

*by J***S on Reviewed in the United States on April 22, 2022*

Trading the markets is a strange avocation.  It is in the class of “infinite games;” meaning, most important is to live to play another day.  Or, as Warren Buffet might say, “Rule number one is Don’t Lose Money, and rule number two is … Don’t Forget Rule Number One.”  There are winning traders that win only 20% of the time, and there are winning traders that risk one dollar to make only one dollar — but there are few if any traders that do both!“Money Management for Traders” is a nice, concise, easily-readable book that focuses on the “risk of ruin” and the fundamentals of sizing market bets in order to stay in the game — and it is put together by Bennett and Jean McDowell, who are legend in the field of trader education.This book is an essential first stop for anyone interested in trading the markets!

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*Product available on Desertcart Seychelles*
*Store origin: SC*
*Last updated: 2026-03-07*