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![Michael Toma - The Risk of Trading: Mastering the Most Important Element in Financial Speculation - 9781118100837 - V9781118100837 Michael Toma - The Risk of Trading: Mastering the Most Important Element in Financial Speculation - 9781118100837 - V9781118100837](/products/full/9781118100837.jpg)
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The Risk of Trading: Mastering the Most Important Element in Financial Speculation
Michael Toma
€ 67.23
€ 51.13
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Description for The Risk of Trading: Mastering the Most Important Element in Financial Speculation
Hardcover. Develop the skills to manage risk in the high-stakes world of financial speculation The Risk of Trading is a practical resource that takes an in-depth look at one of the most challenging factors of trading risk management. Series: Wiley Trading. Num Pages: 208 pages, Illustrations. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 162 x 236 x 20. Weight in Grams: 400.
Develop the skills to manage risk in the high-stakes world of financial speculation
Develop the skills to manage risk in the high-stakes world of financial speculation
The Risk of Trading is a practical resource that takes an in-depth look at one of the most challenging factors of trading—risk management. The book puts a magnifying glass on the issue of risk, something that every trader needs to understand in order to be successful.
Most traders look at risk in terms of a "stop-loss" that enables them to exit a losing trade quickly. In The Risk of Trading, Michael Toma explains that risk is ever-present in every aspect of trading and advocates that traders ... Read more
- Shows how to conduct a detailed statistical analysis of an individual's trading methodology through back-testing and real-time results so as to identify when the methodology may be breaking down in actual trading
- Reveals why traders should think of themselves as project managers who are strategically managing risk
- The book is based on the author's unique 'focus on the risk' approach to trading using data-driven risk statistical analytics
Using this book as a guide, traders can operate more as business managers and learn how to avoid market-busting losses while achieving consistently good results.
Show LessProduct Details
Format
Hardback
Publication date
2012
Publisher
John Wiley & Sons Inc
Number of pages
208
Condition
New
Series
Wiley Trading
Number of Pages
224
Place of Publication
New York, United States
ISBN
9781118100837
SKU
V9781118100837
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
About Michael Toma
MICHAEL TOMA, CRM, is a corporate risk manager and specialist in trading the equity index and futures markets in the United States. A Certified Risk Manager, Toma is a frequent speaker on the industry trading conference circuit. His first book, Trading with Confluence, released in 2010, provides a first-hand perspective of risk-based trading and the challenges that new traders are ... Read more
Reviews for The Risk of Trading: Mastering the Most Important Element in Financial Speculation
"The Risk of Trading is a call to arms for the trader who either keeps no trading journal at all or simply records profit and loss. Metrics are critical to success." (Seeking Alpha, May 2012)