Portfolio Management Formulas: Mathematical Trading Methods for the Futures, Options, and Stock Markets

About this book

Explores two neglected mathematical tools essential for competing successfully in today's frenzied commodities markets: quantity, which shows the proper amounts a trader should trade for a given market and system, and intercorrelation of returns (diversification), which shows not only which markets and systems to trade, but how to diversify with respect to trading the right quantities for each market. By using these lesser known tools in conjunction with the more popular trade/system selection tools, readers will see mathematically how success in the markets can be achieved, and how success'' without using all three is most likely incidental. In addition, non-stationary distribution of profits and losses and drawdowns are incorporated into the discussions to expose traders to the highs and lows of commodities markets and how best to leverage their assets.

Details

Format

Hardcover

ISBN-13

9780471527565

Publisher

Wiley

Published

January 16, 1991

Pages

288

Weight

19.2 oz

Subject

Business & Economics