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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M K
Pawtucket, US
★★★★★ 5
I highly recommend it!
Format: Paperback
Encouraging, user friendly, help to fight spiritual battles.
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Reviewed in the United States on August 27, 2025
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F. A. Matthews
Pawtucket, US
★★★★★ 5
Very anointed and uplifting - highly recommend it
Format: Paperback
Most uplifting and very anointed book. I have shared it with many friends who all are thankful to have it and is a great blessing to them. It is not to be read through like any other book. You will know what I mean if you get one.
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Reviewed in the United States on April 26, 2025
M
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Merci
Alexandria, US
★★★★★ 5
Beautiful and deep wisdom!
Format: Paperback
This book is a treasure and a secret weapon for declaring out loud powerful truths. The words are crafted in such a poetic and breathtaking way. There is a wealth of wisdom in these pages that inspire me to walk deeper with God. I love this book so much I’m going to give it as a gift to a few loved ones.
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Reviewed in the United States on October 14, 2023
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Charles P. Hodgson
Fort Morgan, US
★★★★★ 5
A Life-Changer
Format: Paperback
Some books are an escape, and others are suspenseful. Some are even memorable for a week or two. Very few books are life-changing. Declarations in the Desert is! Tara Moseley shares the power of God and His eternal truths through beautiful poetic words and images. This book can teach you, enrich you, bless you, and take your prayer life to a new level.
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Reviewed in the United States on January 5, 2024
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Clint Anthony Moseley
Omaha, US
★★★★★ 5
Powerful
Format: Paperback
This is a must have in every area of your life. The ability to take God‘s word and declare it in a way that is relative to the situation that you’re going through on a personal level, is powerful. We have seen tremendous breakthrough in our lives by declaring the truth of God’s Word contained in this book!!!
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Reviewed in the United States on September 26, 2023

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