Trading Risk by Kenneth L. Grant

"Trading Risk" by Kenneth L. Grant is a comprehensive guide for anyone seeking to navigate the intricacies of risk management in trading. This insightful book is brimming with practical advice and illuminating case studies, examining the foundational principles of risk evaluation, mitigation, and control in the financial markets. Grant teaches readers how to conceptualize 'risk capital', respond to unforeseen market events effectively, and utilize a range of analytical tools to improve trading performance. The book encourages traders to shift their focus from mere profit potential to a balanced understanding of risk exposure, fostering both resilience and success in the fluctuating world of trading.