A long discussion resolves the question of what positions (for large profits) to take (longs only) for the long term:: the market is up long term.This book answers the major question to investors: how do I make great profits while reducing risk: the answer - use buy stops to enter and increase profits for short term trades, and sell stops for long term buy-and-hold investors to reduce losses( by 70% on ave ) on open positions in market crunches.Easy...