Profitability and Systematic Trading
A Quantitative Approach to Profitability, Risk, and Money Management. MICHAEL HARRIS
Đặt in tại HoaXanh.
- 75,000đ
- Mã sản phẩm: PRO194842
- Tình trạng: 2
CHAPTER 1 The Market 3
A Trader’s Perspective 3
Futures, Equity, and Forex Markets 6
Which Market Should I Trade In? 15
CHAPTER 2 The Zero-Sum Game of Trading 17
The Counterargument 18
The Winners and Losers 18
Zero-Sum Trading Markets 19
Rare Exceptions to the Rule 20
Dealing with the Realities of the Zero-Sum Game 22
CHAPTER 3 Trading Methods and Time Frames 25
Trading Methods 25
Trading Time Frames 29
PART II PROFITABILITY AND RISK 43
CHAPTER 4 The Profitability Rule 45
Qualitative versus Quantitative 45
Derivation of the Profitability Rule 46
The Fundamental Law of Trading Strategies 50
Effect of Commissions on Profitability 53
Profitability and Trading Time Frames 56
Examples 60
CHAPTER 5 Risk and Money Management 63
The Probability of Ruin 64
The Fundamental Law of Risk and Money Management 67
Position Sizing 73
The Risk Percent Method 76
Martingale versus Anti-Martingale Betting Strategies 78
Risk and Money Management Plan 78
Examples 80
PART III Systematic Trading 83
CHAPTER 6 Analysis of Trading Systems 85
Simplicity versus Complexity 86
Trading System Modeling 87
Trading System Development and Back Testing 91
Pitfalls of Back Testing 98
CHAPTER 7 Synthesis of Trading Systems 105
From Analysis to Synthesis 106
The Process of Synthesis 108
Analysis versus Synthesis 111
Examples of Trading System Synthesis 111
At the End of the Day. . .