{"product_id":"a-guide-to-creating-a-successful-algorithmic-trading-strategy-hardback-9781119224747","title":"A Guide to Creating A Successful Algorithmic Trading Strategy (Hardback) 9781119224747","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eA Guide to Creating A Successful Algorithmic Trading Strategy\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003ePerry J. Kaufman (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119224747, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 15 March 2016\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e192 pages\u003cbr\u003e18.5 x 13.7 x 2 cm, 0.24 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eTurn insight into profit with guru guidance toward successful algorithmic trading\u003c\/b\u003e \u003cp\u003e\u003ci\u003eA Guide to Creating a Successful Algorithmic Trading Strategy\u003c\/i\u003e 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 \u003ci\u003etrading\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003eAlgorithmic 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.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eNavigate confusing markets\u003c\/li\u003e \u003cli\u003eFind the right trades and make them\u003c\/li\u003e \u003cli\u003eBuild a successful algo trading system\u003c\/li\u003e \u003cli\u003eTurn insights into profitable strategies\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAlgorithmic 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. \u003ci\u003eA Guide to Creating a Successful Algorithmic Trading Strategy\u003c\/i\u003e shows you how to choose the best, leave the rest, and make more money from your trades.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 A Brief Introduction: The Ground Rules 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMy Objective 2\u003c\/p\u003e \u003cp\u003eThe Ground Rules 3\u003c\/p\u003e \u003cp\u003eThe Process 3\u003c\/p\u003e \u003cp\u003eBasic Trading Systems 6\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 The Idea 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBegin at the Beginning 9\u003c\/p\u003e \u003cp\u003eThe Idea Must Match Your Trading Personality 11\u003c\/p\u003e \u003cp\u003eI Need a Fast Payout 12\u003c\/p\u003e \u003cp\u003eWithstanding the Test of Time 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Don’t Make It Complex 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Word about Noise 17\u003c\/p\u003e \u003cp\u003eIntegrated Solutions versus Building Blocks 18\u003c\/p\u003e \u003cp\u003eMore Rules, Fewer Opportunities, Less Success 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Why Should I Care about “Robust”\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIf I’m Trading Only Apple? 21\u003c\/p\u003e \u003cp\u003eIs It Robust? 22\u003c\/p\u003e \u003cp\u003eAnother Dimension 25\u003c\/p\u003e \u003cp\u003eBut Which Parameter Value Do I Trade? 27\u003c\/p\u003e \u003cp\u003eMultiple Time Frames 28\u003c\/p\u003e \u003cp\u003eIs One Trend Method Better Than Another? 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Less is More 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVolatility Cuts Both Ways 34\u003c\/p\u003e \u003cp\u003eBull Markets Happen When Everyone is in Denial 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 If You’re a Trend Follower, Don’t Use Profit-Taking or Stops 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Dynamics of a Trend Strategy 42\u003c\/p\u003e \u003cp\u003eIt’s Getting Harder to Find the Trend 42\u003c\/p\u003e \u003cp\u003eThe Eurodollar Trend 43\u003c\/p\u003e \u003cp\u003eWhere Do You Place Your Stop? 45\u003c\/p\u003e \u003cp\u003eWhat about Profit-Taking? 46\u003c\/p\u003e \u003cp\u003eEntering on a Pullback 47\u003c\/p\u003e \u003cp\u003eWhich is the Best Trend-Following Method? 48\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Take Your Profit If You’re a Short-Term Trader 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat’s Bad for the Trend is Good for the Short-Term Trader 53\u003c\/p\u003e \u003cp\u003eIf You Can’t Use Stops for Trend Following, Can You Use Them for Short-Term Trading? 55\u003c\/p\u003e \u003cp\u003eThere Are Always Exceptions 56\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Searching for the Perfect System 59\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLooking at the Results 61\u003c\/p\u003e \u003cp\u003eHow Much Data and How Many Trades Are Enough? 62\u003c\/p\u003e \u003cp\u003eSo, Which Parameter Value Do I Pick? 63\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Equal Opportunity Trading 65\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCalculating Position Size 66\u003c\/p\u003e \u003cp\u003eAvoid Low-Priced Stocks 66\u003c\/p\u003e \u003cp\u003eTrue Volatility-Adjusting Doesn’t Work for a Portfolio of Stocks 67\u003c\/p\u003e \u003cp\u003eRisk in Futures 67\u003c\/p\u003e \u003cp\u003eTarget Risk 68\u003c\/p\u003e \u003cp\u003eCalculate the Rate of Return for the Portfolio 69\u003c\/p\u003e \u003cp\u003eAssigning Risk to Your Portfolio 72\u003c\/p\u003e \u003cp\u003eMultiple Strategies Are More Important 73\u003c\/p\u003e \u003cp\u003eNot So Easy for the Institutions 75\u003c\/p\u003e \u003cp\u003eToo Much of a Good Thing Can Be Bad 75\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Testing—The Fork in the Road 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLet the Computer Solve It for You 81\u003c\/p\u003e \u003cp\u003eHow Do You Evaluate the Results? 83\u003c\/p\u003e \u003cp\u003eWhat’s Feedback? 84\u003c\/p\u003e \u003cp\u003eHidden Danger 86\u003c\/p\u003e \u003cp\u003eForgotten History 86\u003c\/p\u003e \u003cp\u003eUse True Costs 87\u003c\/p\u003e \u003cp\u003eUse Dirty Data 89\u003c\/p\u003e \u003cp\u003eBack-Adjusted and Split-Adjusted Data 91\u003c\/p\u003e \u003cp\u003eThe Different Performance Measures 92\u003c\/p\u003e \u003cp\u003eInterpreting the Ratio 92\u003c\/p\u003e \u003cp\u003eNot Everyone Uses the Information Ratio 93\u003c\/p\u003e \u003cp\u003eNumber of Trades 94\u003c\/p\u003e \u003cp\u003eExpectations 94\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Beating It into Submission 97\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFixing Losing Periods 97\u003c\/p\u003e \u003cp\u003eUse the Average Results 99\u003c\/p\u003e \u003cp\u003eSqueezing the Life Out of a System 101\u003c\/p\u003e \u003cp\u003eGeneralizing the Rules 105\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 More on Futures 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLeverage 108\u003c\/p\u003e \u003cp\u003eConversion Factors for Calculating Returns 109\u003c\/p\u003e \u003cp\u003eDon’t Forget FX 110\u003c\/p\u003e \u003cp\u003eFX Quotes 111\u003c\/p\u003e \u003cp\u003eReal Diversification 113\u003c\/p\u003e \u003cp\u003eThe Life Cycle of a Commodity Market 115\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 I Don’t Want No Stinkin’ Risk 117\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Clear Plan 119\u003c\/p\u003e \u003cp\u003eAvoid Low-Priced Stocks 120\u003c\/p\u003e \u003cp\u003eVolatility Over 100%? 121\u003c\/p\u003e \u003cp\u003eDon’t Trade When Volatility is Very High 122\u003c\/p\u003e \u003cp\u003eSidestepping Price Shocks 122\u003c\/p\u003e \u003cp\u003ePortfolio Drawdown 123\u003c\/p\u003e \u003cp\u003eBusiness Risk 124\u003c\/p\u003e \u003cp\u003eGearing Back Up 125\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Picking the Best Stocks (and Futures Markets)\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003efor Your Portfolio 127\u003c\/p\u003e \u003cp\u003eAsking Too Much 127\u003c\/p\u003e \u003cp\u003eThe Practical Solution 128\u003c\/p\u003e \u003cp\u003eRanking Success 130\u003c\/p\u003e \u003cp\u003eRotation 132\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Matching the Strategy to the Market 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNoise for Stocks 134\u003c\/p\u003e \u003cp\u003eNoise for ETFs 136\u003c\/p\u003e \u003cp\u003eNoise for Futures 136\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Constructing a Trend Strategy 139\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Trend 140\u003c\/p\u003e \u003cp\u003eBuying and Selling Rules 141\u003c\/p\u003e \u003cp\u003eFirst Tests 141\u003c\/p\u003e \u003cp\u003eCosts 143\u003c\/p\u003e \u003cp\u003eExpectations 143\u003c\/p\u003e \u003cp\u003eSatisfying the First Milestone 144\u003c\/p\u003e \u003cp\u003eProfit-Taking 146\u003c\/p\u003e \u003cp\u003eVolatility Filter 148\u003c\/p\u003e \u003cp\u003eCombining Rules 149\u003c\/p\u003e \u003cp\u003eMultiple Entries and Exits 150\u003c\/p\u003e \u003cp\u003eMore Markets, More Robustness 151\u003c\/p\u003e \u003cp\u003eStabilizing the Risk 152\u003c\/p\u003e \u003cp\u003eDo It Yourself 153\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Constructing an Intraday Trading Strategy 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Time Frame 156\u003c\/p\u003e \u003cp\u003eOutline 157\u003c\/p\u003e \u003cp\u003eDeciding on the Strategy 158\u003c\/p\u003e \u003cp\u003eChoosing a Strategy 158\u003c\/p\u003e \u003cp\u003eDirectional or Mean Reverting 159\u003c\/p\u003e \u003cp\u003eThe Basic Rules 160\u003c\/p\u003e \u003cp\u003eThe Breakout Rule 161\u003c\/p\u003e \u003cp\u003eProfit Taking and Extreme Volatility 162\u003c\/p\u003e \u003cp\u003eWhat About the Trend? 163\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Summary 167\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eResources 169\u003c\/p\u003e \u003cp\u003eSystem Development Platforms 169\u003c\/p\u003e \u003cp\u003eBlogs 170\u003c\/p\u003e \u003cp\u003ePeriodicals 171\u003c\/p\u003e \u003cp\u003ePerry Kaufman Websites 172\u003c\/p\u003e \u003cp\u003eIndex 173\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52173726023960,"sku":"9781119224747","price":29.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119224747.jpg?v=1781168476","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/a-guide-to-creating-a-successful-algorithmic-trading-strategy-hardback-9781119224747","provider":"Freshly Printed Books","version":"1.0","type":"link"}