by Jack Schwager
|
by Thomas Stridsman
|
by John F. Carter
|
by Mark Douglas
|
by Van K. Tharp
|
Customers Viewing This Page May Be Interested in These Sponsored Links(What is this?) |
100% Forex. 14 pip stops
opens new browser window
forextradersupportservices.com
-
High success with small stops. See Forex traders double accounts daily
Customers Who Bought This Item Also Bought
Product details
Would you like to update product info or give feedback on images?
|
Product Description
Product Description
Unique book/disk package helps traders develop and forward–test a high–performance trading system
In trading, a winning system is everything. Without a systematized methodology on which to base their actions, traders quickly succumb to market fear and confusion and watch helplessly as precious profits vanish. And 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.
In this book/software package, acclaimed technical trading system developer Tushar Chande shows traders how to develop a winning trading system, and how to test its future performance through computer simulation. The result? Users can "paper trade" their personal trading system before using it in the real world, accurately estimating how well they can cope with the day–to–day pressures of implementing the system when their capital is at risk and emotions are involved. Disk 1 provides a program enabling users to write a trade plan, create orders, rate their confidence for specific trades, and run P & L statements. Disk 2 is a demo disk for $ecure Trade Management Software.
TUSHAR CHANDE (Pittsburgh, Pennsylvania) contributes to Technical Analysis of Stocks & Commodities magazine and is the author of The New Technical Trader (Wiley).
From the Inside Flap
Beyond Technical Analysis A bulletproof trading system is essential for trading success. You also need an effective system for trading to implement that trading system consistently. Otherwise, your trading experience will be stressful at best and insanely inconsistent at worst. Though you can always get a "canned" black–box trading system, few traders ever stick with them for long: experts agree that the ideal system for each trader is unique to his or her trading style—proprietary systems created by the individual. Now acclaimed system developer Tushar Chande shows you how to create "real–world" systems that meet your trading needs. A stimulating mix of cutting–edge techniques, timeless principles, and practical guidelines, Beyond Technical Analysis offers a comprehensive methodology to develop and implement your own system, bridging the gap between analysis and execution. Chande begins with a crucial first step: assessing your trading beliefs. As he points out, "Your beliefs about price action must be at the core of your trading system. This allows the trading system to reflect your personality, and you are more likely to succeed with such a system over the long run." Once you’ve pinpointed your beliefs, you can then build effective systems around them. To help you construct and use these systems, Chande starts with the basics and ends at the state of the art. With easy–to–read charts and numerous examples, Chande explores the following: Foundations: diagnosing market trends, the perils of optimization, setting initial stops, selecting data, choosing orders, and understanding the summary test results New systems: trend following, pattern–based, trend/anti–trend, inter–market, filtered and extraordinary market opportunity systems, plus variations Equity curve analysis: measuring smoothness, portfolio strategies, monthly equity curves, and triggering effects Money management: risk of ruin, projecting drawdowns, changing bet size Data scrambling: a new method to generate synthetic data for testing A system for trading: starting, risk control, compliance, full traceability To foster consistent execution, Beyond Technical Analysis provides software that enables you to "paper trade" your system. A demo disk of Chande’s $ecure trade management software and data scrambling utility will let you test your system on "true" out–of–sample data and track your emotions and P&L as you transition the system from computer table to trading desk. A complete, concise, and thorough reference, Beyond Technical Analysis takes you step–by–step through the intricacies of customized system design, from initial concept through actual implementation.
Inside This Book
(Learn More)
Browse and search another edition of this book.
Browse and search another edition of this book.
First Sentence
Nothing is easier than developing a trading system by the usual process of trial and terror. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Nothing is easier than developing a trading system by the usual process of trial and terror. Read the first page
Explore More
Concordance
Browse Sample PagesConcordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product)
|
What Do Customers Ultimately Buy After Viewing This Item?
 |
65% buy the item featured on this page: Beyond Technical Analysis: How to Develop and Implement a Winning Trading System (Wiley Finance Editions) |
 |
12% buy Trade Your Way to Financial Freedom £14.48 |
 |
9% buy Tradings Systems That Work: Building and Evaluating Effective Trading Systems (McGraw-Hill Trader's Edge Series) £24.67 |
 |
7% buy Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups (McGraw-Hill Trader's Edge Series) £19.97 |
Customer Reviews
|
Share your thoughts with other customers:
|
|||||||||
Most Helpful Customer Reviews
Share your thoughts with other customers: Create your own review
|
 |
Listmania!
|
|
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
Your Recent History
(What's this?)|
After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in. |
