Portfolio Management Formulas Mathematical Trading Methods For The Futures | Options And Stock Markets Author Ralph Vince Nov 1990

Perhaps Vince’s most radical contribution was his critique of the Sharpe Ratio. He argued that the Sharpe Ratio is flawed because it measures risk as standard deviation (volatility) relative to a risk-free rate. For a trader using leverage, volatility can be good if it skews positively.

The book covers various mathematical trading methods, including: Perhaps Vince’s most radical contribution was his critique

Mastering the Money Machine: A Deep Dive into Ralph Vince’s Portfolio Management Formulas 000 into $1 million overnight.

In the pantheon of trading literature, few books strike as much fear into the hearts of casual investors as Portfolio Management Formulas: Mathematical Trading Methods for the Futures, Options, and Stock Markets by Ralph Vince. Published in November 1990, this is not a beach read. It is not filled with pretty charts of head-and-shoulders patterns or promises of turning $1,000 into $1 million overnight. Perhaps Vince’s most radical contribution was his critique