This book will take you through my journey to develop a money machine (computerized algorithm), along with easy-to-understand explanations of the theory of modern investment in general and algorithmic trading in particular.
You will also be exposed to the secrets of the global financial industry and learn how to build an investment portfolio that will bring you to financial independence. This book discusses the techniques that I developed to overcome the profit/risk ratio and generate large profits at zero risk in the world’s largest market.
I am a statistician by education and have extensive experience in software, trading in the foreign exchange market, and investment management. Rather than confining my insights to academics, my goal is to introduce you to this intriguing, fascinating, and important world so that you can achieve financial freedom.
My approach to this book is very different from books that promise to explain “How to Be a Millionaire” within three to five years. I begin by explaining the basis for investments and the importance of generating high returns even in times of very low interest rates while providing practical explanations of the field of algorithmic investments in the foreign exchange market that are geared for the average reader.
It is the newly rich who can stop waiting for the moment when they can really begin to live. They are creating a life of luxury today because they learned how to invest and leverage their money. It is both an art and a science to attain the “beautiful life.”More info →
Machine Trading is a practical guide to building your algorithmic trading business. Written by a recognized trader with major institution expertise, this book provides step-by-step instruction on quantitative trading and the latest technologies available even outside the Wall Street sphere. You'll discover the latest platforms that are becoming increasingly easy to use, gain access to new markets, and learn new quantitative strategies that are applicable to stocks, options, futures, currencies, and even bitcoins. The companion website provides downloadable software codes, and you'll learn to design your own proprietary tools using MATLAB. The author's experiences provide deep insight into both the business and human side of systematic trading and money management, and his evolution from proprietary trader to fund manager contains valuable lessons for investors at any level.More info →
The Complete Resource for Financial Market Technicians, Second Edition has been thoroughly updated to reflect the field's latest advances. Selected by the Market Technicians Association as the official companion to its prestigious Chartered Market Technician (CMT) program, this book systematically explains the theory of technical analysis, presenting academic evidence both for and against it. Using hundreds of fully updated illustrations, the authors explain the analysis of both markets and individual issues, and present complete investment systems and portfolio management plans. They present authoritative, up-to-date coverage of tested sentiment, momentum indicators, seasonal affects, flow of funds, testing systems, risk mitigation strategies, and many other topics...More info →
In this book, the author draws on several years of experience coding hundreds of expert advisors for retail traders worldwide. You'll learn how to program these common trading tasks, and much more: - Place market, stop and limit orders. - Accurately calculate stop loss and take profit prices. - Calculate lot size based on risk. - Add flexible trailing stops to your orders. - Count, modify and close multiple orders at once. - Verify trading conditions using indicators and price data. - Create flexible and reusable source code functions. - Add advanced features such as timers, email alerts and Martingale lot sizing. - Avoid common trading errors and easily troubleshoot your programs. - Adjustments for fractional pip brokers and FIFO. - Plus, learn how to create your own custom indicators and scripts! Whether you're a beginner or an experienced programmer, Expert Advisor Programming can help you realize your automated trading ideas in the shortest amount of time. This book features dozens of code examples with detailed explanations, fully-functioning example programs, and reusable functions that you can use in your own expert advisors!More info →
As markets inevitably evolve, so must the strategies and tools used to trade them. No one understands this more than Perry Kaufman―one of today's most respected market experts. For more than 30 years, traders have turned to Kaufman's classic Trading Systems and Methods for complete information about the latest, most successful indicators, programs, algorithms, and systems.
Now, in this revised Sixth Edition, Kaufman thoroughly updates his bestselling guide―adding new systems, new techniques, and many international examples―and shows you the best ways to trade today's futures and equities markets. The companion website, which contains TradeStation programs, Metastock programs, and Excel spreadsheets, allow you to test both the systems presented in the book and your own variation of these trading strategies. With everything from basic information on statistical analysis to advanced guidance on implementing algorithms and other tech trading solutions, this is an excellent, comprehensive resource for current and aspiring market professionals.More info →
Risk control and derivative pricing are major concerns to financial institutions. The need for adequate statistical tools to measure and anticipate amplitude of potential moves of financial markets is clearly expressed, in particular for derivative markets. Classical theories, however, are based on assumptions leading to systematic (sometimes dramatic) underestimation of risks. Theory of Financial Risk and Derivative Pricing summarises developments, some inspired by statistical physics, using which one can take into account more faithfully the real behaviour of financial markets for asset allocation, derivative pricing and hedging, and risk control.More info →