Trading Risk: Enhanced Profitability through Risk Control
| Author | : | |
| Rating | : | 4.84 (515 Votes) |
| Asin | : | 0471650919 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2013-10-14 |
| Language | : | English |
DESCRIPTION:
Individual traders are often overwhelmed by books presenting quantitative formulas that practically require PhDs to implement. Now, he shares his trade secrets, showing how the aggressive trading that is the signature of leading hedge funds can be applied by traders at all levels without excessive risk. He then shows you how to control your exposure–and prepare for inevitable periods of suboptimal performance without going bust. Kenneth Grant has managed portfolio risk for several of the world’s most elite, successful hedge funds. Grant also helps you interpret the statistical makeup of your portfolio, and discusses how to use these statistics to make decisions consistent with both your financial objectives and your constraints.Trading Risk demonstrates that traders virtually always have control over their portfolios and that r
A decent book on risk I think this book covers the topic of risk adequately. I got it last year and finally got around to reading it this week. If I had to buy it today I would probably pass, at $55 its twice what I paid for it in November. Someone must really like it?I read this book to further refine my risk strategies. What I found was a book that explained risk in detail, but did not seem to offer me much in the way of finetuning my system. Although it did give. Mercenary Trader said A Worthy Investment. Note: as it stands, my review barely scratches the surface of this noteworthy book. I intend to return to here, and delve much deeper, at some point down the road. (Had we but world enough and time)My attitude towards trading books is this: if I come away with at least one good idea or useful insight, the cost of purchase is paid for a hundred times over. Ken Grant's book contains a handful of useful ideas for improving performance, and some i. "Most Useful Risk Management Book on the Market" according to Andrew L. Weinberg. Ken Grant is a world-class risk manager and an entertaining, thought-provoking writer who has successfully intertwined his knowledge of performance-enhancing risk management techniques, human history, rock-and-roll wisdom and an engaging account of his own experiences and anecdotes as head of risk management/ Chief Investment Officer at some of the largest and most consistently profitable hedge funds in the nation.This book is fascinating, ins
Kenneth L.Grant is Cheyne’s Global Risk Manager, and is the Managing Member for Cheyne Capital, LLC, the firm’s U.S. Grant led risk management efforts for the Chicago Mercantile Exchange and Société Générale. Mr. Mr. Earlier in his career, Mr. Grant is a pioneer in the field of hedge fund risk management and
Before joining Cheyne, he created risk control programs at two of the world’s leading hedge funds, Tudor Investments and SAC Capital, where he was eventually promoted to the title of Chief Investment Strategist. Mr. By illustrating an extremely simple set of statistical and arithmetic tools this book can help readers enhance their performance in many financial markets.Kenneth L.Grant is Cheyne’s Global Risk Manager, and is the Managing Member for Cheyne Capital, LLC, the firm’s U.S. Mr. Revolutionary techniques that traders can implement to improve profits and avoid losses No trader, professional or individual, can afford not to have a solid risk management program integrated into his or her trading system. Trading Risk details a risk management program that can help both money managers and individual traders evaluate which elements in a portfolio are working efficiently and which aren’t. Traditionally, risk management has focused solely on loss avoidance, but in Trading Risk, hedge fund risk manager Kenneth Grant presents some-thing completely new—how to manage a portfolio to minimize risk and increase profits by putting more capital at risk. Grant holds a Bachelor of Science in Economics and Mathematics from the