SKU: 6330525294

The Risk of Trading: Mastering the Most Important Element in Financial Speculation

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Description

The Risk of Trading: Mastering the Most Important Element in Financial SpeculationDevelop 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.

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, traders can operate more as business managers and learn how to avoid market-busting losses while achieving consistently good results.



Binding Type: Hardcover
Publisher: Wiley
Published: 04/17/2012
ISBN: 9781118100837
Pages: 224
Weight: 0.80lbs
Size: 9.30h x 5.90w x 0.80d
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SKU: 6330525294

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4.1 ★★★★★
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Verified Purchase
Thyme Next
Louisville, US
★★★★★ 5
couldn’t put it down
Format: Kindle
I enjoyed this book. It made me laugh alot and i didn’t want to put it down, even when i had to go to work.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 9, 2025
L
linda
Phoenix, US
★★★★★ 4
Queer Holiday Romance
Format: Paperback
Thank you, Netgalley and Pengiun Books for an arc of I'll Get Back To You by Becca Grischow. This book is a cozy and heartfelt queer holiday romance that captures the messy beauty of growing up and falling in love. Set around Thanksgiving, the story follows Murphy, a struggling college student, and Ellie, her unexpectedly queer former classmate, as they fake a relationship for a weekend that turns into something more. With authentic characters and a Midwest setting, the novel blends humor, vulnerability, and sapphic charm, making it a refreshing and relatable read for anyone who loves queer stories with emotional depth and seasonal warmth
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Reviewed in the United States on August 6, 2025
K
Verified Purchase
Kindle Customer
Omaha, US
★★★★★ 5
A FUN BOOK TO READ
Format: Kindle
I really enjoyed reading this book. It was full of fun dialog and jokes. It made me laugh, just rolling with laughter. It was interesting to learn about that area of the country, especially the Cubs aspect. A pleasant surprise was that one of the MCs was a Jew. I liked feeling the connection because there aren't that many in the books I've read. The Thanksgiving dressing made with challah was a nice touch. I tried finding more books by this author but didn't have any success. I wonder if this is her first. I will read more if I find them.
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Reviewed in the United States on May 18, 2025
A
A.M.G
Cuba, US
★★★★★ 3
Young adult wlw romance
Format: Kindle
Picked this one up spontaneously. It's a cute YA romance between Murphy, a lesbian trying to pass her accounting class, and an old highschool classmate, Ellie. Ellie has glamped up into an artsy bisexual just trying to convince her mom to splurge on grad school in NYC. When they run into each other at a bar, they find out they can help each other after discovering Ellie's mom is Murphy's professor! it's fake dating and one night to forever 😍 there's no spice but tons of humor! The characters read their age, young, disorganized, semi toxic. More of a young adult read.
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Reviewed in the United States on August 10, 2025
J
J. Kimbel
Bozeman, US
★★★★★ 4
Fun, but predictable romance!
Format: Kindle
Nice but predictable romance with many laugh out loud parts! I enjoyed reading as it held my attention and moved at a great pace.
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Reviewed in the United States on May 29, 2025

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