The Art and Science of Successful Trading.
The ability to understand and manage risk is the most important skill a trader can have. Traders, looking for ways to optimise performance, calculate risk to its appropriate limit. Never before have both the individual and the market dynamics of risk been focused together in one book. Featuring interviews with well-known traders and market wizards who describe in detail the challenges and opportunities that risk presents. The book includes coverage of psychology and strategies of risk taking; techniques to embrace, avoid and limit market risk; and the winning skills of the risk-embracing trader.