Boston, MA USA
  • 1
  • review
  • 8
  • helpful votes
  • 34
  • ratings
The Risk of Trading audiobook cover art
  • The Risk of Trading
  • Mastering the Most Important Element in Financial Speculation
  • By: M. Toma
  • Narrated by: David McCarthy

Not what I was expecting

2 out of 5 stars
4 out of 5 stars
1 out of 5 stars

Reviewed: 11-21-12

What could have made this a 4 or 5-star listening experience for you?

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.

Which scene was your favorite?

Like another reviewer, I found the discussion of theoretical risk vs. practical risk interesting.

8 of 10 people found this review helpful