Investment Advisor Chicago

Revolutionary techniques that traders can implement to improve profits and avoid losses No trader, professional or individual, can afford not to have a solid risk management program integrated into his or her trading system. But finding a precise mathematical model to replace subjective decision-making processes is a challenge. Traditionally, risk management has focused solely on loss avoidance, but in Trading Risk, hedge fund risk manager Kenneth Grant presents some-thing completely new— how to manage a portfolio to minimize risk and increase profits by putting more capital at risk. Trading Risk details a risk management program that can help both money managers and individual traders evaluate which elements in a portfolio are working efficiently and which aren’ t. By illustrating an extremely simple set of statistical and arithmetic tools this book can help readers enhance their performance in many financial markets. Kenneth L. Grant (New York, NY) is Managing Partner and CIO of Exis Capital, a NYC-based multi-strategy hedge fund. Prior to this, Grant worked as the head of risk management for both Tudor Investments and the Chicago Mercantile Exchange. He was also the chief investment strategist for SAC Capital Advisors, one of the largest hedge funds in the world with over $4 billion under management. Grant holds a Bachelor of Science in Economics and Mathematics from the University of Wisconsin, an MA in economics from Columbia University, and an MBA from the University of Chicago Graduate School of Business.

An indispensable resource for experienced and novice options traders and hedgers alike Dynamic Option Selection System "Howard Simons offers an in-depth look at options and risk management for the serious market participant. He uses his extensive experience as a trader and trading systems designer to provide ten basic principles that are at the foundation of every successful trading methodology." Leo Melamed, Chairman Emeritus and Senior Policy Advisor, Chicago Mercantile Exchange; Chairman and CEO, Sakura Dellsher, Inc. "Howard Simons’ s engaging, colloquial manner makes The Dynamic Option Selection System: Analyzing Markets and Managing Risk an enjoyable read for even the most accomplished professional hedger. His ample use of real-life stories, like parables, illustrate the nuances of trading and the complex and opposing interests of buyers and sellers in the marketplace." Jack Wing, Executive Director and Professor, Center for Law and Financial Markets, Illinois Institute of Technology "It is the risk of potential reward that motivates many traders in today’ s markets. Employing Howard’ s ten simple principles allows us to ‘ put ourselves in the position where the accidents will work in our favor’ so that we can remain ‘ In the Game’ ." Bennett J. Corn, President and CEO, Winnipeg Commodity Exchange; Former President, Coffee, Sugar & Cocoa Exchange, Inc.