Portfolio Management Formulas Mathematical Trading Methods For The Futures Options And Stock Markets Author Ralph Vince Nov 1990 -

While the book covers a vast landscape of statistical mechanics, three concepts form its backbone.

According to the Wiley table of contents , the book is organized into: While the book covers a vast landscape of

Futures have high leverage and asymmetric margin requirements. Vince’s formulas are perfect here because a single S&P 500 contract can wipe an account. Using Optimal ( f ), a futures trader determines exactly how many contracts to buy based on the drawdown volatility of that specific commodity. For example, if ( f ) = 0.2 and the worst-case loss is $5,000, you need a $25,000 account to trade one contract. Using Optimal ( f ), a futures trader

Portfolio Management Formulas is dense, math-heavy, and occasionally tedious. It was written for DOS-era spreadsheets (Lotus 1-2-3). But it is also It was written for DOS-era spreadsheets (Lotus 1-2-3)

Ralph Vince is a well-known expert in the field of trading and portfolio management. He has spent years developing and refining his mathematical trading methods, which have been widely adopted by traders and investors around the world.