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In this book, Ralph Vince takes readers step by step through an understanding of the mathematical foundations of trading, significantly extending his earlier work and breaking important new ground. His lucid writing style and liberal use of practical examples make this book must reading.

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In this masterly contribution, Ralph builds on his early pioneering findings to address the real-world concerns of money managers in the trenches-how to systematically maximize gains in relation to risk. What does bet sizing have to do with investing? The answer to that question and many more lie inside this iconoclastic work.

Formulas for Optimal Allocation & Leverage

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