Beyond Technical Analysis: How to Develop and Implement a Winning Trading System

ISBN-13: 9780471415671 / Angielski / Twarda / 2001 / 400 str.

Tushar S. Chande

Opis

A technical analysis classic, newly updated to help traders develop and forward-test a high-performance trading system for today's markets
In trading, a winning system is everything. While it is theoretically possible to buy a "canned" trading system, most experts agree that the best system is proprietary to each trader--developed, implemented, and tested by the individual to suit his or her exact requirements. A stimulating mix of cutting-edge techniques, timeless principles, and practical guidelines, this updated edition of a technical analysis classic offers traders a comprehensive methodology to develop and implement your own trading system, bridging the gap between analysis and execution.
Tushar Chande (Pittsburgh, PA) holds nine U.S. patents for creative solutions to flexible manufacturing problems using high-power lasers and optical fibers. A contributing editor to Technical Analysis of Stocks & Commodities magazine, he has been a registered Commodity Trading Advisor and is the principal author of The New Technical Trader (0-471-59780-5) (Wiley).

Spis treści

Preface.

Developing and Implementing Trading Systems.

Principles of Trading System Design.

Foundations of System Design.

Developing New Trading Systems.

Developing Trading System Variations.

Equity Curve Analysis.

Ideas for Money Management.

Data Scrambling.

A System for Trading.

Selected Bibliography.

Index.

O autorze

TUSHAR S. CHANDE, PhD, is President of LongView Capital Management, LLC, of West Des Moines, Iowa, and a registered Commodity Trading Advisor. He holds nine U.S. patents and is internationally recognized as an innovator in technical analysis. He is also the principal author of The New Technical Trader (Wiley).

Blurb

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