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Key Information
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| Authors: |
Ralph Vince |
| Nonfiction Category: |
Business & Economics |
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Book Editions
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Format: Hardcover, 376
Publisher: John Wiley & Sons Inc (May 01, 1992)
Measurements: 9.5"(h) x 6.5"(w) x 1.5"(d), 1.55 lbs.
ISBN: 9780471547389 |
| More Information |
| Details: |
Every 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 depend on. Step-by-step, it unveils powerful strategies for creating and using key money management formulas—based on the rules of probability and modern portfolio theory—that maximizes the potential gains for the level of risk you are assuming. With them, you’ll determine the payoffs and consequences of any potential trading decision and obtain the highest potential growth for your specified level of risk. You’ll quickly decide: What markets to trade in and at what quantities When to add or subtract funds from an account How to reinvest trading profits for maximum yield The Mathematics of Money Management provides the missing element in modern portf |
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