Risk Management in Trading: Techniques to Drive Profitability of Hedge Funds and Trading Desks

توضیحات

Trading and Risk Management

In easy to understand language, Wall Street veteran Davis W. Edwards provides a definitive guide to the relationship between trading and risk management. Risk Management in Trading describes how successful traders use quantitative analysis to make trading decisions and control risk. By framing risk management analytics as part of a decision making process rather than a stand-alone effort, the author illustrates how modern risk management techniques can help drive profitability. Edwards also demonstrates how misuse of these techniques can lead to outcomes worse than the ones traders try to prevent.

This book is an excellent resource for MBA students, as well as candidates for the Financial Risk Manager (FRM) or Certified Financial Analyst (CFA) exams. With self-study quizzes that reinforce the main concepts, it is easy for readers to test their learning. Risk Management in Trading is also a great reference for risk management professionals, executives, and anyone who wants to understand how financial disasters happen - and how to make sure they don’t.