£49.73

World Scientific Publishing Company Essays On Trading Strategy: 0 (World Scientific Series In Finance)

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£50 today · usual range £40–£52 · best ever £40

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£51.67 £39.03 £41.79 £44.55 £47.30 £50.06 £52.82 12 March 2026 13 March 2026 14 March 2026 15 March 2026 17 March 2026

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Description

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.

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