[Library ebook] The Risk of Trading: Mastering the Most Important Element in Financial Speculation (Wiley Trading)






 | #380823 in eBooks |  2012-03-23 |  2012-03-23 | File Name: B007P6UTQW


||1 of 3 people found the following review helpful.| A Superb Companion to "Trading in the Zone"|By SteveR|This is the most practical and thorough work I have seen on the subject, tackling a critical area that traders encounter much difficulty in grasping. Mr. Toma provides clear and substantive guidance to the trader seeking to function as a "risk manager" in addressing uncertainties associated with all aspects of a trading bu| |"The Risk of Trading is a call to arms for the trader who either keeps no trading journal at all or simply records profit and loss. Metrics are critical to success." (Seeking Alpha, May 2012)|From the Inside Flap

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 trad...


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