Profitability and Systematic Trading - Couverture rigide

Harris, Michael

Couverture rigide

ISBN 10 : 047022908X ISBN 13 : 9780470229088

Editeur : John Wiley & Sons Ltd, 2008

Synopsis

Book by Harris Michael

A propos du livre

Quatrième de couverture

Profitability and Systematic Trading

The quantity and quality of information available to traders as well as the software tools for processing and analyzing it have rapidly improved over the years. Despite all these innovations, however, we′re still faced with the same old dilemma: how to decide when to buy, sell, or hold.

In order to make the most informed decisions in today′s markets, traders need to use the appropriate models and careful analysis. That′s why Michael Harris a financial veteran with extensive experience in developing trading systems has created this book. Written with the serious trader in mind, Profitability and Systematic Trading addresses essential issues such as analyzing trading systems and selecting the best ones to use; the synthesis of trading systems; quantitative approaches to profitability, risk, and money management; and much more. Specific examples are included throughout the book to illustrate the topics discussed.

Long–term success depends on a fine balance between preserving capital and risking capital to capture returns. This should be the ultimate objective of any trading method, and with the thoughts, techniques, and examples outlined throughout this book, you′ll discover how to achieve this very difficult goal.

Profitability and Systematic Trading also comes with a companion CD–ROM, which contains detailed pattern codes in Easylanguage®, Wealth–Lab script, and Metastock formula for testing and evaluation purposes. A limited functionality version of Automatic Pattern Search software and sample data are also included, which readers can use to get acquainted with the concept of automatic discovery of trading systems introduced in the last chapter of the book.

Biographie de l'auteur

Michael Harris started developing trading systems in the late 1980s while working for Wall Street firms. He has been an active trader since 1989 and is currently the President of Tradingpatterns.com, a software development company he established in 1999, and Director of Harrison Investments, Inc., a fund management and financial consulting firm for offshore institutional investors and hedge funds. Harris holds a bachelor′s degree in mechanical engineering and two master′s degrees one in systems engineering and another in operations research.

Détails de l'édition

• Éditeur: John Wiley & Sons Ltd
• Date d'édition: 2008
• ISBN 10: 047022908X
• ISBN 13: 9780470229088
• Reliure: Relié
• Langue: anglais
• Nombre de pages: 188