Quantitative Trading & Money Management - Technical Anlaysis, Inc.
Fred Gehm's latest book covers the basic statistics one can use in trading
situations and in avoiding catastrophic risk.
Avoiding the largest possible loss, the one that can put you out of business, is a critical factor in trading.
Numerous techniques are available for doing this. Usually, they are arcane. Fred Gehm's second book,
Quantitative Trading & Money Management , addresses most of the techniques.
Gehm's latest book covers the basic statistics one can use in trading situations as well as the avoidance of
catastrophic risk and the use of portfolio strategies. Surrounding this nucleus are practical sections on
managing risk management on a day-to-day basis (all the way down to sample trading logs!), something
Gehm does as a senior analyst for the Abu Dhabi Investment Authority, one of the world's larger investors.