Cut risk and generate profit even after the market drops. A great book that offers practical approaches to profiting after an adverse market event.
Trading for a Living Successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps you master all of those three areas:How to become a cool, calm, and collected traderHow to profit from reading the behavior of the market crowdHow to use a computer to find good trades.
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.
This book traces the development of financial derivatives from bonds to credit default swaps and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy.
Definitive Guide to Position Sizing: How to Evaluate Your System and Use Position Sizing to Meet Your Objectives2020-03-28T19:54:40+01:00
Everything you ever wanted to know about position sizing and why this is critical for the success of your trading system.
A great trading book covering the three requirements for trading success: an entry/exit strategy, position sizing and portfolio management, as well as mental awareness and discipline.
This book doesn’t have as many direct links to trading as Fooled by Randomness, The Black Swan and Dynamic Hedging, but it is an entertaining challenge of many long-held beliefs about risk and reward, politics and religion, finance and personal responsibility.