Essays On Trading Strategy

Graham L Giller author

Format:Hardback

Publisher:World Scientific Publishing Co Pte Ltd

Published:4th Sep '23

Should be back in stock very soon

Essays On Trading Strategy cover

This book directly focuses on finding optimal trading strategies in the real world and supports that with a well-defined theoretical foundation that allows trading strategy problems to be solved. Critically, it also delivers a menu of actual solutions that can be applied by traders with various risk profiles and objectives in markets that exhibit substantial tail risk. It shows how the Markowitz approach leads to excessive risk taking, and trader underperformance, in the real world. It summarizes the key features of Utility Theory, the deficiencies of the Sharpe Ratio as a statistic, and develops an optimal decision theory with fully developed examples for both 'Normal' and leptokurtotic distributions.

ISBN: 9789811273810

Dimensions: unknown

Weight: unknown

216 pages