Trading, Profitability and Leverage by J.M. Malley
ARTICLE SYNOPSIS...Trading, Profitability and Leverage by J.M. Malley
Leverage is a key factor in trading, but few traders understand its importance. Here, Malley concludes his work on the subject.
Modern financial theory proceeds by developing an explicit model and der
AUTHOR: J.M. MalleyDATE: APR 1995