Ralph Vince's guest appearances

Ralph Vince

Michael Covel's Trend Following

Better System Trader

Stoic Talks

One Trading Book per Day

Jack Schwager

Robert Carver

Brett Steenbarger

Rande Howell

Gary Dayton

Art Collins

Van Tharp

Jerry Parker

Aaron Brown

Nick Radge

Larry Williams

Gary Antonacci

Bob Pardo

Perry Kaufman

Michael Melissinos

OwlTail

"The Mathematics of Money Management: Risk Analysis Techniques for Traders" by Ralph Vince is an indispensable guide for traders seeking to improve their financial decision-making processes. With a treasure trove of mathematical models and risk analysis techniques, the book equips readers with the tools to manage their capital effectively, optimize returns, and minimize risk. Vince demystifies complex concepts such as volatility estimation, optimal f, and portfolio reallocation, providing practical strategies that readers can apply to their own trading. From understanding dependencies and correlations in portfolio management to evaluating the effectiveness of trading systems, Vince empowers traders to navigate the financial markets with increased confidence and precision.

"The Mathematics of Money Management: Risk Analysis Techniques for Traders" by Ralph Vince is an indispensable guide for traders seeking to improve their financial decision-making processes. With a treasure trove of mathematical models and risk analysis techniques, the book equips readers with the tools to manage their capital effectively, optimize returns, and minimize risk. Vince demystifies complex concepts such as volatility estimation, optimal f, and portfolio reallocation, providing practical strategies that readers can apply to their own trading. From understanding dependencies and correlations in portfolio management to evaluating the effectiveness of trading systems, Vince empowers traders to navigate the financial markets with increased confidence and precision.

The Mathematics of Money Management: Risk Analysis Techniques for Traders by Ralph Vince

Ralph Vince talks about position sizing, how to choose a position sizing model that suits you, optimalf, the curve and how it can be used for maximum growth and other applications. The risk of multiple strategies in a portfolio and how to manage it, dynamic position sizing, martingale strategies and how Ralphs views on money management has changed in the past 25 years.Topics discussed The single biggest factor in trading which is also probably the most overlooked The most important factor when determine position sizing How horizon impacts position sizing How Optimalf is only one point on the curve and other critical points you also need to consider Traversing the curve and how it applies to your trading criterion How to manage a portfolio of multiple strategies The risk of multiple strategies and how to manage it Trading the equity curve Dynamic position sizing When Martingale strategies make sense How Ralphs views on money-management have changed in the past 25 years

Ralph Vince talks about position sizing, how to choose a position sizing model that suits you, optimalf, the curve and how it can be used for maximum growth and other applications. The risk of multiple strategies in a portfolio and how to manage it, dynamic position sizing, martingale strategies and how Ralphs views on money management has changed in the past 25 years.Topics discussed <ul> <li>The single biggest factor in trading which is also probably the most overlooked</li> <li>The most important factor when determine position sizing</li> <li>How horizon impacts position sizing</li> <li>How Optimalf is only one point on the curve and other critical points you also need to consider</li> <li>Traversing the curve and how it applies to your trading criterion</li> <li>How to manage a portfolio of multiple strategies</li> <li>The risk of multiple strategies and how to manage it</li> <li>Trading the equity curve</li> <li>Dynamic position sizing</li> <li>When Martingale strategies make sense</li> <li>How Ralphs views on money-management have changed in the past 25 years</li></ul>

011: Ralph Vince talks position sizing, the different applications of optimalf, trading horizon, diversification and his changing views over 25 years.

Michael Covel

My guest today is Ralph Vince. Vince is by profession a computer programmer writing analytical programs for funds, large traders and professional gamblers. He is the author of five books on investing in his field of expertise, portfolio management and portfolio/trade optimization. The topic is trading. In this episode of Trend Following Radio we discuss:  Optimal bet sizes Whether Ed Thorp's work and the Kelly criteria had any effect on Vince's work The importance of knowing the optimal spot depending on your criteria Why maximizing profits can result in a large drawdown - and why you should be happy about that If diversification really does give you a free lunch The importance of learning the wrong approach  Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

My guest today is Ralph Vince. Vince is by profession a computer programmer writing analytical programs for funds, large traders and professional gamblers. He is the author of five books on investing in his field of expertise, portfolio management and portfolio/trade optimization. The topic is trading. In this episode of Trend Following Radio we discuss: <ul> <li>Optimal bet sizes</li> <li>Whether Ed Thorp's work and the Kelly criteria had any effect on Vince's work</li> <li>The importance of knowing the optimal spot depending on your criteria</li> <li>Why maximizing profits can result in a large drawdown - and why you should be happy about that</li> <li>If diversification really does give you a free lunch</li> <li>The importance of learning the wrong approach</li> </ul> Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: <a href="https://www.trendfollowing.com/trend/" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/trend/</a> You can watch a free video here: <a href="https://www.trendfollowing.com/video/" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/video/</a> Can’t get enough of this episode? You can choose from my thousand plus episodes here: <a href="https://www.trendfollowing.com/podcast" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/podcast</a> My social media platforms: Twitter: <a href="https://twitter.com/covel" rel="noopener nofollow" target="_blank">@covel</a> Facebook: <a href="https://www.facebook.com/trendfollowing/" rel="noopener nofollow" target="_blank">@trendfollowing</a> LinkedIn: <a href="https://linkedin.com/in/covel/" rel="noopener nofollow" target="_blank">@covel</a> Instagram: <a href="https://www.instagram.com/mikecovel/" rel="noopener nofollow" target="_blank">@mikecovel</a> Hope you enjoy my never-ending podcast conversation!

Ep. 46: Ralph Vince Interview with Michael Covel on Trend Following Radio