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Praise for The Leverage Space Trading Model

"As Warren Buffett said, 'It's only when the tide goes out thatyou learn who's been swimming naked.' We now know that most havebeen. It's too bad that Ralph Vince did not finish his book in 2005or 2006, it would have helped save institutional investors and ournation trillions of dollars; few people understand the rewards ofleverage and its inherent risks like Ralph. As we found out, mosthedge funds and banks use leverage without knowing how to quantifyits risks or rewards. This book is a must-read for anyone using orbeing responsible for risk. Leverage is one of our greatestempowerments."
Salomon Konig, member of the board of directors,Hedge Fund Association, Partner and Chief Investment Officer,Artemis Capital Partners, LLC

"Ralph Vince is almost alone in his study of trade sizing, butthat doesn't mean he isn't right. Traders should read thisbook."
Euan Sinclair, option trader and author ofVolatility Trading

"As we've seen recently, the gross misuse of leverage has been ahard lesson for institutions. But position sizing is critical tothe success of all traders, big and small, and Ralph Vince bringsfresh thinking to an area that badly needs it. He challenges thestatus quo and makes you think about what you're doing. He attacksthe major flaws of MPT. There is no doubt that you'll benefit fromRalph's ideas."
Perry Kaufman, author of New Trading Systems andMethods, Fourth Edition and A Short Course in TechnicalTrading

"If Ralph Vince writes it, I read it...every word, every thoughtthis guy has produced has led me to additional market profits.Money management is clearly the way to the kingdom of wealth in theinvestment world and Ralph gives you the keys in this book."
Larry Williams, trader, fund manager, and author ofTrade Stocks & Commodities with the Insiders: Secrets of theCOT Report and Long-Term Secrets to Short-Term Trading

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