Quantitive Trading and Money Management: Revised Edition
Provides the tools a trader needs to know to best utilize his trading capital. This book explains how to use mathematical techniques to calculate risk/reward possibilities, optimal trading size, profit objectives and stop loss points. It contains topics that looks at avoiding catastrophic losses, and the importance of diversification.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Managing the Work
RiskFree Trading Is Risky Stuff
The Nature of Risk
12 other sections not shown
amount analysis arithmetic mean assume assumptions average calculated catastrophic loss catastrophic risk Chapter Cl Cl Cl Cl CM Cl CN CM Cl CM CM CN Cl CN CN CN coin Commodity confidence intervals consider course decision default depends distribution drawdown efficient market hypothesis equal error estimate example expected value Figure forecast the market formula funds given ideas indicates interest interval mathematics investor kurtosis larger least lose marginal mean measure median ment money management o o o o o obvious oo oo ooooo optimal parameter values payoff payoff matrix percent portfolio insurance possible price changes prob probabilistic risk assessment problem profits and losses quadratic programming random reasonable risk of ruin selected Sharpe ratio standard deviation statistical stop-loss strategy tactical plan techniques theory tion trading capital trading method trading plan Unfortunately variable zero