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 portfolio theory that weds optimal f to the optimal portfolio.
| ISBN: | 9780471547389 |
| Publication date: | 4th June 1992 |
| Author: | Ralph Vince |
| Publisher: | John Wiley & Sons, Inc. an imprint of Wiley |
| Format: | Hardback |
| Pagination: | 376 pages |
| Series: | Wiley Finance Editions |
| Genres: |
Finance and accounting |
Every futures, options, and stock markets trader operates under a set of highly suspect rules and assumptions. Are you risking your career on yours?
The Mathematics of Money Management features in the following genres: Finance and accounting
Hardback. Not Available.
The Mathematics of Money Management was written by Ralph Vince and published by John Wiley & Sons, Inc. an imprint of Wiley
The Mathematics of Money Management has 376 pages
Yes it is part of Wiley Finance Editions series