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A Handbook for Professional Futures and Options Traders [Hardcover]

Joseph D. Koziol (Author)

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Book Description

July 1987 047187423X 978-0471874232 1st
This is a strictly no-nonsense text for professional futures and options traders. The book presents a framework that emphasizes the probabilistic nature of decision-making for trading and hedging programs. Equally, the text strives to quantify criteria that in many organizations are assessed qualitatively for actual trading situations. It details various analytical approaches by offering applications-oriented techniques. While the book distinguishes between historical results and expected values, it also demonstrates the critical interdependence between the two. Eschewing the simplistic and folksy wisdom of many investment books, A Handbook for Professional Futures and Options Traders is an astute and sophisticated guide for the serious trader.

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This is a strictly no-nonsense text for professional futures and options traders. The book presents a framework that emphasizes the probabilistic nature of decision-making for trading and hedging programs. Equally, the text strives to quantify criteria that in many organizations are assessed qualitatively for actual trading situations. It details various analytical approaches by offering applications-oriented techniques. While the book distinguishes between historical results and expected values, it also demonstrates the critical interdependence between the two. Eschewing the simplistic and folksy wisdom of many investment books, A Handbook for Professional Futures and Options Traders is an astute and sophisticated guide for the serious trader.

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