A Guide to Creating A Successful Algorithmic Trading Strategy (Wiley Trading)
| Author | : | |
| Rating | : | 4.64 (678 Votes) |
| Asin | : | 1119224748 |
| Format Type | : | paperback |
| Number of Pages | : | 192 Pages |
| Publish Date | : | 2016-03-21 |
| Language | : | English |
DESCRIPTION:
Whether you're a professional trader or money manager looking to perfect your own automated trading system or an individual investor who wants financial control with today's technological advantages, this compact guide gives you a sophisticated approach to building successful algo trading systems in a user-friendly, how-to format. More than merely a step-by-step book to backtesting, this expert guide culls the author's vast experience over forty years, through all types of markets, to illustrate why achieving success in trading is
"Tiny pamphlet contains only general market advice" according to William P Ross. First of all this book is extremely small. The dimensions of the book are roughly half the size of a normal book, and the page count itself is 150 pages, but in a normal book this would be like 60-70 pages. At the beginning the author says he created a short book so that the reader "will read it all".Secondly there is nothing specific about how to create an algorithmic trading system. The author seems to think any idea for a trade is an algorithm.. Andrey Solovyev said Well, in my opinion this is an honest book. Well, in my opinion this is an honest book. The author clearly describes a process of system creation, and, obviously, the author has a lot of personal experience. But, don't expect to find here any breakthrough - if you did by your own hands at least one system, everything mentioned in this book should be familiar to you.Indeed, some of his remarks - ie on trading details, what works and what doesn't, are worth of paying attention to, but it is t. The is a great book that I will definitely recommend to other traders ShengTa Tsai The is a great book that I will definitely recommend to other traders. I started trading two years ago and have a lot of questions when I develop a strategy. Such as how can I pick the best parameter, which strategy is more stable than the others, How can I avoid curve fitting. When should I use stop or profit target. Perry provide his experienced knowledge in this book and it's easy to understand since he will let you know the reason behind the p
It's far too easy to fall for something that worked brilliantly in the past, but with little hope of working in the future. If you're looking to develop a successful career in algorithmic trading, this book has you covered from idea to execution as you learn to develop a trader's insight and turn it into profitable strategy. A Guide to Creating a Successful Algorithmic Trading Strategy shows you how to choose the best, leave the rest, and make more money from your trades.. By actually making trades, you concentrate your attention on the market, absorb the effects on your money, and quickly resolve problems that impact profits.Algorithmic trading began as a "ridiculous" concept in the 1970s, then became an "unfair advantage" as it evolved into the lynchpin of a successful trading strategy. Turn insight into profit with guru guidance toward successful algorithmic tradingA Guide to Creating a Successful Algorithmic Trading Strategy provides the latest strategies from an industry guru to show you how to build your own system from the ground up. This book gives you the background you need
He is the author of twelve trading books, including Trading Systems and Methods, Fifth Edition; A Short Course in Technical Trading; Smarter Trading; and Global Equity Investing. Perry continues to be a pioneer in the use of computer models for making financial decisions. PERRY J. . KAUFMAN is a leading investment consultant with more than forty years of experience in the equity and