THE RISK OF TRADING
Mastering the Most Important Part of Financial Speculation
The Risk of Trading, Mastering the Most Important Part of Financial Speculation, is a practical resource that takes an in-depth look at one of the most challenging factors of trading—risk management. In the latest release by TWC', 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.
Learn more about The Risk of Trading, now available!
A Risk-based Approch to Trading Equity Index Futures
by Michael Toma, CRM
Now available in paperback!
No one ever plans on losing in trading, especially when it looks so easy. There is so much information available to traders today, but the fact remains that 90% of all traders lose money or quit the business. ‘Trading With Confluence’ takes a different approach to grooming the new and intermediate trader by managing risk. This risk-based approach allows for the trader to have a winning edge on each trade and to assure proper management of their overall trading business. Learn more....