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The Mathematics of Money Management: Risk Analysis Techniques for Traders

Amazon.com Price:  $44.88 (as of 12/05/2019 17:00 PST- Details)

Description

Each futures, options, and stock markets trader operates under a set of highly suspect rules and assumptions. Are you risking your career on yours? Exceptionally clear and easy to use, The Mathematics of Money Management substitutes precise mathematical modeling for the subjective decision-making processes many traders and serious investors rely on. Step by step, it unveils powerful strategies for creating and the usage of key money management formulas–according to the rules of probability and up to date portfolio theory–that maximizes the potential gains for the level of risk you are assuming. With them, You’ll be able to resolve the payoffs and consequences of any potential trading decision and obtain the highest potential growth for your specified level of risk. You’ll be able to quickly come to a decision: What markets to trade in and at what quantities When to add or subtract funds from an account Easy methods to reinvest trading profits for maximum yield The Mathematics of Money Management provides the missing element in up to date portfolio theory that weds optimal f to the optimal portfolio.

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