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Legendafx is the bestselling author of Dynamic Hedging. He is primarily a market practitioner who applies models and pricing formulae to improve trading and not the other way around. When there is a difference  prop trader between theory and reality he doesn’t hold responsibility of the markets. This book is a footstep in the true direction that maintains the mathematical correctness and deepness without bogging the reader down with technical root of formulae. At the similar time, it is written by a trader whose knowledge in the actual market compels him to continually question the ‘nice’ assumptions used to get these formulae.
It is very personal and leaves no hesitation what the author’s outlook is on VAR, constant hedging and other sacred cows of recent finance. The disaster in the financial markets in 1998 and the repentant excuses by well-known traders and theoreticians shows that there is more than a particle of truth in Taleb’s uncertainty.
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Download Master Time Calculator for Free
A new version of Master Time Calculator is now available in the market which greatly expands the scope of its use. You can test lows-highs and highs-lows here but the Master Time Calculator may be evenly as attractive in other modes too. Gann’s time calculations work depends on astronomical data, principally the orbital relationship of the earth and sun. But, the Master Time Calculator can use the vernal year of 365.24219 days to compute the Vernal Equinox in the Northern Hemisphere for every year after 1900.
When you use Master Time Calculator, you can choose to begin the Master time calculation from the vernal equinox of the present year or the vernal equinox of the previous year in the …