| Record ID | marc_loc_updates/v39.i50.records.utf8:19574386:2369 |
| Source | Library of Congress |
| Download Link | /show-records/marc_loc_updates/v39.i50.records.utf8:19574386:2369?format=raw |
LEADER: 02369nam a22003258i 4500
001 2011048577
003 DLC
005 20111208132021.0
008 111123s2012 nju b 001 0 eng
010 $a 2011048577
020 $a9781118100837 (hardback)
040 $aDLC$beng$cDLC$erda
042 $apcc
050 00 $aHG6015$b.T66 2012
082 00 $a332.64/5$223
084 $aBUS027000$2bisacsh
100 1 $aToma, Michael,$d1966-
245 14 $aThe risk of trading :$bmastering the most important element in financial speculation /$cMichael Toma, CRM.
260 $aHoboken, New Jersey :$bWiley,$c2012.
263 $a1204
300 $apages cm.
336 $atext$2rdacontent
337 $aunmediated$2rdamedia
338 $avolume$2rdacarrier
490 0 $aWiley trading series
520 $a"Develop the skills to manage risk in the high-stakes world of financial speculation. The Risk of Trading is a practical resource that takes an in-depth look at one of the most challenging factors of trading--risk management. The book puts a magnifying glass on the issue of risk, something that every trader needs to understand in order to be successful.Most traders look at risk in terms of a "stop-loss" that enables them to exit a losing trade quickly. In The Risk of Trading, Michael Toma explains that risk is ever-present in every aspect of trading and advocates that traders adopt a more comprehensive view of risk that encompasses the strategic trading plan, account size, drawdowns, maximum possible losses, psychological capital, and crisis management. Shows how to conduct a detailed statistical analysis of an individual's trading methodology through back-testing and real-time results so as to identify when the methodology may be breaking down in actual trading Reveals why traders should think of themselves as project managers who are strategically managing risk The book is based on the author's unique 'focus on the risk' approach to trading using data-driven risk statistical analytics Using this book as a guide, trades can operate more as business managers and learn how to avoid market-busting losses while achieving consistently good results"--$cProvided by publisher.
504 $aIncludes bibliographical references and index.
650 0 $aSpeculation.
650 0 $aRisk management.
650 7 $aBUSINESS & ECONOMICS / Finance.$2bisacsh