Quantitative Trading & Money Management: A Guide to Risk Analysis and Trading Survival (Revised Edition)

Description

Quantitative Trading & Money Management provides all the tools a trader needs to best utilize his trading capital. The book explains how to use mathematical techniques to calculate risk/reward possibilities, optimal trading size, profit objectives and stop loss points, In short, Gehm expertly covers every issue involved in converting a market forecast into a trade. This completely revised edition sheds light on a number of recent developments in the markets such as managed future and the growth of financial derivatives. Specific topics Recognizing avoiding catastrophic losses; The importance of diversification; Avoiding catastrophic losses; Calculating revenue/cost ratios in trading; Developing a sound trading plan. ISBN:9781557385857