000 02301nam a2200277 a 4500
001 vtls000059937
003 KUKTEM
005 20251125093154.0
008 120522t2012 njua b 001 0 eng d
020 _a9781118100837
039 9 _a201209051033
_bfauzi
_y201205221048
_zirma
040 _aUMP
090 _aHG6015 .T66 2012
100 1 _aToma, Michael
245 1 4 _aThe risk of trading :
_bmastering the most important element in financial speculation /
_cMichael Toma, CRM
260 _aHoboken, NJ :
_bJohn Wiley,
_cc2012
300 _axv, 208 p. :
_bill. ;
_c24 cm.
490 1 _aWiley trading
504 _aIncludes bibliographical references (pages 201-202) and index
520 _a"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 adopt a more comprehensive view of risk that encompasses the strategic trading plan, account size, drawdowns, maximum possible losses, psychological capital, and crisis management. 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, trades can operate more as business managers and learn how to avoid market-busting losses while achieving consistently good results"-- Provided by publisher
650 0 _aSpeculation
650 0 _aRisk management
830 0 _aWiley trading
999 _aVIRTUA40
_c62077
_d62083
999 _aVTLSSORT0080*0200*0400*0900*1000*2450*2600*3000*4900*5040*5200*6500*6501*8300*9992
942 0 0 _01