Michael Harris – Profitability & Systematic Trading

Michael Harris – Profitability & Systematic Trading

Description

In order to overcome certain obstacles and make more informed decisions in today’s markets, you need to use the appropriate models and apply careful analysis. Author is the best person to understand this. Michael Harris. Now, with Profitability And Systematic Trading, he reveals how to achieve this goal, by discussing some of the most important trading concepts he’s worked on during twenty years of research and development in this field.

From the Inside Flap

While various technological advancements, an abundance of information, and almost instant access to financial markets have improved the life of a trader, the fact is that there are still many challenges that must be faced—from trading system failure to making crucial choices on when to buy, sell, or hold.

In order to overcome these obstacles and make more informed decisions in today’s markets, you need to use the appropriate models and apply careful analysis. Author is the best person to understand this. Michael Harris. And now, with Profitability And Systematic Trading, he reveals how to achieve this goal, by discussing some of the most important trading concepts he’s worked on during twenty years of research and development in this field.

Divided into three comprehensive parts—Foundations, Profitability Risk and Systematic Trading—this reliable resource:

• This article examines the key insights that traders must have in order to create winning trading strategies and challenges some common misconceptions about markets.
• Offers a quantitative evaluation of profit-Ability, risk and money management; explores limitations imposed upon profitability-Observations on trading system design. Also discusses the restrictions prudent risk and money management places on capital requirements
• The article discusses the development of trading system and explains how success depends upon your understanding of the details involved and the potential pitfalls.

Specific examples are used Harris This guide outlines the various aspects involved in trading system development. It also demonstrates how a proper approach to this discipline can minimize your risk of ruin and maximize your trading returns. You will learn a lot along the way. Harris Also, he introduces you to the concept of Trading System Synthesis, a dynamic way to discover profitable strategies that can then be used as building blocks for a systematic trading method.

Download immediately Michael Harris – Profitability & Systematic Trading

Traders who want to succeed need to be more disciplined and introspective.-Systematic trading requires a depth approach. The information in Profitability And Systematic Trading can help you excel at this endeavor, and put you in a better position to survive and thrive in today’s dynamic investment environment.

From the Back Cover

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. This book was written for serious traders. Profitability And Systematic Trading The book covers important topics such as the analysis of trading systems and the selection of the best; the synthesis trading systems; quantitative approaches for profitability, risk management, and money management; and many more. To illustrate the topics covered, the book contains specific examples.

Long-Long-term success depends on finding the right balance between capital preservation, and risking capital to capture return. 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 included is 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 and sample data of Automatic Pattern Search software are included. These can be used by readers to familiarize themselves with the concept of automatic detection of trading systems, as described in the last chapter.

Forex Trading – Foreign Exchange Course

Do you want to learn more about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries allow their currencies to fluctuate freely against the currencies of other countries.