Building Reliable Trading Systems

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Building Reliable Trading Systems
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Author : Keith Fitschen
language : en
Publisher: John Wiley & Sons
Release Date : 2013-05-09
Building Reliable Trading Systems written by Keith Fitschen and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-09 with Business & Economics categories.
An award winning system developer explains how to create, test, and implement a profitable trading system Traders have long been drawn to the idea of translating their strategies and ideas into trading systems. While successful trading systems have been developed, in most cases, they work very well for a period of time in specific markets, but perform less well across all markets in all time frames. Nobody understands this better than author Keith Fitschen—a thought-leader in trading system development—and now, with Trading Strategy Generation + Website, he shares his extensive experience in this field with you. Trading Strategy Generation skillfully explains how to take market insights or trading ideas and develop them into a robust trading system. In it, Fitschen describes the critical steps a trader needs to follow, including: translating the market insight into a rules-based approach; determining entry and exit points; testing against historical data; and integrating money management and position sizing into the system. Written by an award winning system developer who has actively traded his systems for thirty years Introduces new ideas on money management and position sizing for different markets Details exactly what it takes to build, test, and implement a profitable technical trading system A companion Website contains supplementary material, including Excel spreadsheets designed to rate the strength of entry signals and provide money management guidance based on market volatility and portfolio correlations Written with the serious trader in mind, Trading Strategy Generation is an accessible guide to building a system that will generate realistic returns over time.
High Frequency Trading
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Author : Irene Aldridge
language : en
Publisher: John Wiley and Sons
Release Date : 2009-12-22
High Frequency Trading written by Irene Aldridge and has been published by John Wiley and Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-22 with Business & Economics categories.
A hands-on guide to the fast and ever-changing world of high-frequency, algorithmic trading Financial markets are undergoing rapid innovation due to the continuing proliferation of computer power and algorithms. These developments have created a new investment discipline called high-frequency trading. This book covers all aspects of high-frequency trading, from the business case and formulation of ideas through the development of trading systems to application of capital and subsequent performance evaluation. It also includes numerous quantitative trading strategies, with market microstructure, event arbitrage, and deviations arbitrage discussed in great detail. Contains the tools and techniques needed for building a high-frequency trading system Details the post-trade analysis process, including key performance benchmarks and trade quality evaluation Written by well-known industry professional Irene Aldridge Interest in high-frequency trading has exploded over the past year. This book has what you need to gain a better understanding of how it works and what it takes to apply this approach to your trading endeavors.
Mechanical Trading Systems
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Author : Richard L. Weissman
language : en
Publisher: John Wiley & Sons
Release Date : 2005
Mechanical Trading Systems written by Richard L. Weissman and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
It also provides a detailed examination of the personality traits common to the three basic types of trader - trend-following (long to intermediate term), mean reversion (intermediate-term), and short-term (swing and day traders) - and illustrates how a strict adherence to specific types of trading systems can foster a psychological flexibility that will allow you to succeed in all kinds of trading environments: countertrending, choppy, or trending."--Jacket.
Intelligent Trading Systems
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Author : Ondrej Martinsky
language : en
Publisher: Harriman House Limited
Release Date : 2010-02-15
Intelligent Trading Systems written by Ondrej Martinsky and has been published by Harriman House Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-15 with Business & Economics categories.
This work deals with the issue of problematic market price prediction in the context of crowd behavior. "Intelligent Trading Systems" describes technical analysis methods used to predict price movements.
Automated Option Trading
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Author : Sergey Izraylevich Ph.D.
language : en
Publisher: FT Press
Release Date : 2012-03-12
Automated Option Trading written by Sergey Izraylevich Ph.D. and has been published by FT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-12 with Business & Economics categories.
The first and only book of its kind, Automated Options Trading describes a comprehensive, step-by-step process for creating automated options trading systems. Using the authors’ techniques, sophisticated traders can create powerful frameworks for the consistent, disciplined realization of well-defined, formalized, and carefully-tested trading strategies based on their specific requirements. Unlike other books on automated trading, this book focuses specifically on the unique requirements of options, reflecting philosophy, logic, quantitative tools, and valuation procedures that are completely different from those used in conventional automated trading algorithms. Every facet of the authors’ approach is optimized for options, including strategy development and optimization; capital allocation; risk management; performance measurement; back-testing and walk-forward analysis; and trade execution. The authors’ system reflects a continuous process of valuation, structuring and long-term management of investment portfolios (not just individual instruments), introducing systematic approaches for handling portfolios containing option combinations related to different underlying assets. With these techniques, it is finally possible to effectively automate options trading at the portfolio level. This book will be an indispensable resource for serious options traders working individually, in hedge funds, or in other institutions.
Beyond Technical Analysis
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Author : Tushar S. Chande
language : en
Publisher: Wiley
Release Date : 1996-12-27
Beyond Technical Analysis written by Tushar S. Chande and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-12-27 with Business & Economics categories.
A bulletproof trading system is essential for trading success. You also need an effective system for trading to implement that trading system consistently. Otherwise, your trading experience will be stressful at best and insanely inconsistent at worst. Though you can always get a "canned" black-box trading system, few traders ever stick with them for long: experts agree that the ideal system for each trader is unique to his or her trading style—proprietary systems created by the individual. Now acclaimed system developer Tushar Chande shows you how to create "real-world" systems that meet your trading needs. A stimulating mix of cutting-edge techniques, timeless principles, and practical guidelines, Beyond Technical Analysis offers a comprehensive methodology to develop and implement your own system, bridging the gap between analysis and execution. Chande begins with a crucial first step: assessing your trading beliefs. As he points out, "Your beliefs about price action must be at the core of your trading system. This allows the trading system to reflect your personality, and you are more likely to succeed with such a system over the long run." Once you've pinpointed your beliefs, you can then build effective systems around them. To help you construct and use these systems, Chande starts with the basics and ends at the state of the art. With easy-to-read charts and numerous examples, Chande explores the following: Foundations: diagnosing market trends, the perils of optimization, setting initial stops, selecting data, choosing orders, and understanding the summary test results New systems: trend following, pattern-based, trend/anti-trend, inter-market, filtered and extraordinary market opportunity systems, plus variations Equity curve analysis: measuring smoothness, portfolio strategies, monthly equity curves, and triggering effects Money management: risk of ruin, projecting drawdowns, changing bet size Data scrambling: a new method to generate synthetic data for testing A system for trading: starting, risk control, compliance, full traceability To foster consistent execution, Beyond Technical Analysis provides software that enables you to "paper trade" your system. A demo disk of Chande's $ecure trade management software and data scrambling utility will let you test your system on "true" out-of-sample data and track your emotions and P&L as you transition the system from computer table to trading desk. A complete, concise, and thorough reference, Beyond Technical Analysis takes you step-by-step through the intricacies of customized system design, from initial concept through actual implementation. Acclaim for Tushar Chande's revolutionary approach for developing and implementing your own winning trading system "Tushar Chande provides insightful but clear-cut techniques which will enlighten the savant as well as the newcomer. I would urge traders of all levels of experience to apply Chande's tremendously useful strategies!" — Charles Le Beau President, Island View Financial Group Inc., author, Computer Analysis of the Futures Market "The chapter on 'Equity Curve Analysis' alone will share with you concepts which have cost large trading houses millions of dollars to discover." —Murray A. Ruggiero, Jr. Contributing Editor, Futures Magazine President, Ruggiero Associates "Tushar Chande is an accomplished quantitative technician, but in this book he's gone far beyond grinding numbers. His coverage of system development is the first thorough treatment disclosing both specific trading systems and the practicalities of their implementation." — John Sweeney Technical Editor, Technical Analysis of Stocks & Commodities magazine author, Maximum Adverse Excursion: Analyzing Price Fluctuations for Trading Management "For any aspiring CTA, this is a must-read on developing [his or her] trading system." — Rick Leesley Jack Carl Futures
Trading Systems
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Author : Joe Krutsinger
language : en
Publisher: McGraw-Hill Companies
Release Date : 1997
Trading Systems written by Joe Krutsinger and has been published by McGraw-Hill Companies this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Electronic trading of securities categories.
For color, flair, and nerves of steel, high-wire acts have nothing on professional traders. These men and women trade for a living - often a very good one. And every one of them uses a system.
A Guide To Creating A Successful Algorithmic Trading Strategy
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Author : Perry J. Kaufman
language : en
Publisher: John Wiley & Sons
Release Date : 2016-01-14
A Guide To Creating A Successful Algorithmic Trading Strategy written by Perry J. Kaufman and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-14 with Business & Economics categories.
Turn insight into profit with guru guidance toward successful algorithmic trading A 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. 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. You'll discover your trading personality and use it as a jumping-off point to create the ideal algo system that works the way you work, so you can achieve your goals faster. Coverage includes learning to recognize opportunities and identify a sound premise, and detailed discussion on seasonal patterns, interest rate-based trends, volatility, weekly and monthly patterns, the 3-day cycle, and much more—with an emphasis on trading as the best teacher. 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. This book gives you the background you need to effectively reap the benefits of this important trading method. Navigate confusing markets Find the right trades and make them Build a successful algo trading system Turn insights into profitable strategies Algorithmic trading strategies are everywhere, but they're not all equally valuable. It's far too easy to fall for something that worked brilliantly in the past, but with little hope of working in the future. 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.
The Consistent Trader
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Author : Sam Eder
language : en
Publisher: TCKPublishing.com
Release Date : 2017-04-10
The Consistent Trader written by Sam Eder and has been published by TCKPublishing.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-10 with categories.
How to Trade Smarter Than Wall Street and Quants By popular demand, the book version of the much acclaimed Forex Course for Smart Traders is here. Most traders learn to trade the wrong way. It's only years later they realize their trading system has been focused on all the wrong things. Instead, save yourself countless hours and dollars by learning to trade Forex based on the principles and practices of history's greatest traders. Learn what really works and what doesn't. It's doing the simple things well that will yield the best results in trading. If you fail to master the fundamentals of successful trading, you are virtually guaranteed to fail long-term because of poor risk management. In this book you will learn: - The 25 beliefs of highly successful traders and how to model them - The scientific path to financial freedom using a trading system that creates consistent profits again and again - How to develop a working model of the forex market that allows you to spot opportunities and avoid mistakes - How to get an edge and trade like the "house" without an algorithm or inside information - How to set simple objectives before you trade that let you risk less and win big more often - The formula you must know for proper position sizing and minimal risk - The key to developing a winning Forex system by understanding market types - Damn good Forex set-ups you can start using right now - How to stalk a "low risk / high reward" entry point - How your stops get hunted and what to do about it - Trading what's in front of you with a complex exit strategy - Trading after the trade: advanced trade management techniques that keep you in winning positions - How to run your trading business like a hedge-fund - How to be mistake-free - How to avoid system death for good - How to develop the master trader mindset - The one secret the world's top trading psychologist recommends - How to balance your trader, analyst, and risk manager roles - Constructing advanced position sizing algorithms - The 12 daily tasks of top Forex traders Consistent Trading is the Key to Wealth This book is not for everyone. Forex trading isn't easy. For a few, those that do achieve mastery, it's life changing. Success in Forex trading is not a mystery. It is a process that can be modeled by anyone willing to put in the time and effort. It takes time, hard work and the mental flexibility to step outside your comfort zone. If you are looking for a holy grail trading, this book is not for you. There are no easy money promises here. But if you are a committed person who expects the best from themselves and wants to learn the life-long skill of Forex trading, this is the book for you. No matter where you are in your trading it will take you to the next level. By applying the techniques and strategies in this book with patience and discipline you will grow and achieve mastery as a trader. Here's What You Get When You Buy The Consistent Trader Today This book is filled with chart examples, specific strategies, quotes from famous traders, coursework and links to extra resources. It is not your average book. It is a resource for trading that you can go back to again and again. It will provide you with a rock-solid foundation for you to achieve your trading goals. The steps in this book are carefully designed to grow your trading account while protecting you and giving you with the confidence and discipline that will, over time, take you to a place of financial freedom and success.