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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Adriana Zeron
Omaha, US
★★★★★ 5
Cozy and soft
Color: Cream White
This blanket is honestly one of the coziest things I’ve ever owned. The material is unbelievably soft—like wrapping yourself in a cloud of creamy, plush fur. It has that perfect balance of being lightweight but still incredibly warm, so you feel snug without getting overheated. The texture is so smooth and fluffy that it almost feels luxurious, and it instantly makes any space look cuter and more inviting. What I love most is how comforting it feels after a long day. Whether I’m relaxing on the couch or getting ready for bed, it adds that extra layer of warmth and calm. Plus, the creamy color gives it a soft, aesthetic look that goes with everything. It’s not just a blanket—it’s a whole cozy vibe.
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Reviewed in the United States on April 3, 2026
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Lulu
Cuba, US
★★★★★ 5
Good quality and very Soft
Color: Cream White
Best throw blanket I ever own. It’s so cozy, fluffy and soft. This is also very good quality. I will be buying the other color too.
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Reviewed in the United States on April 5, 2026
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David
Birmingham, US
★★★★★ 5
Soft
Color: Tie-dye Brown
The blanket is amazing it’s super soft! It’s perfect for laying on the couch and it keeps you warm! It’s light weight and cozy!
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Reviewed in the United States on April 11, 2026
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Nicolas Hernandez
Natrona Heights, US
★★★★★ 5
Quality is great
Color: Tie-dye Blue
This blanket is great—really durable, super soft, and it has a rugged, cozy feel. It keeps me warm without being bulky. Definitely a solid buy.
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Reviewed in the United States on March 31, 2026
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Esmeralda Santana
Pawtucket, US
★★★★★ 5
Very soft and weighted
Color: Cream White
This blanket is a good couch blanket. Soft and has some weight which my wife loves. Does not shed and has easy washing instructions. Would recommend to anyone looking for a good blanket or for a gift
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Reviewed in the United States on March 17, 2026

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