Goodreads helps you keep track of books you want to read.

Start by marking “The Mathematics of Money Management: Risk Analysis Techniques for Traders” as Want to Read:

# The Mathematics of Money Management: Risk Analysis Techniques for Traders

by
Ralph Vince

Permits traders in the futures, options and stock markets to create profitable trading formulas based on the rules of probability and modern portfolio theory. Shows how to develop and utilize key formulas which minimize losses, maximize profits and avoid excessive risk. Reintroduces the idea of "optimal-f" and its use in weighing and assigning values to the components of a
...more

Hardcover, 400 pages

Published
May 1st 1992
by Wiley
(first published April 17th 1992)

## Friend Reviews

To see what your friends thought of this book,
please sign up.

## Reader Q&A

To ask other readers questions about
The Mathematics of Money Management,
please sign up.

Be the first to ask a question about The Mathematics of Money Management

This book is not yet featured on Listopia.
Add this book to your favorite list »

## Community Reviews

(showing
1-30
of
39)

The book is a bit dense but insightful. It deals more with game theory and day trading, but it is also useful for non-speculative (read: sane) investors. It discusses at length the math of portfolio management and diversification.

Money quote: "Diversification, if done properly, is a technique that increases returns. It does not necessarily reduce wo ...more

There are no discussion topics on this book yet.
Be the first to start one »