The book's title (The RISK of Trading) and summary led me to believe it was principally a book about risk, perhaps along the lines of Peter Bernstein's excellent Against the Gods. That's not what this book is about. The Risk of Trading is a practical, how-to guide to trading. It is directed towards new, small capital traders looking to improve their performance by placing a greater emphasis on risk monitoring and measurement. If that's who it was, I might have found it useful. As someone who works on the institutional side and was interested in learning more about how risk professionals see the world, I was disappointed.
Like another reviewer, I found the discussion of theoretical risk vs. practical risk interesting.
Report Inappropriate Content