Top positive review
full derivations/formal description would be a useful addition, perhaps in an appendix
6 February 2017
This is the most influential book I've ever read on investing/trading, and has changed my perspective entirely. It is not for the faint-hearted; there are a number of concepts that will require several reads to understand. The book focuses heavily on a statistical approach to trading, so some background in statistics would be helpful. That said, for those who do have degree level mathematics, full derivations/formal description would be a useful addition, perhaps in an appendix.
From reading this book, coupled with the online resources Robert provides (pysystemtrade, and the thread on Elite Trader), I have a built an automated futures trading system in Python, not dissimilar to what is used at trend following hedge funds. I couldn't have done this without Rob's book, from which I learned everything. Not only that, I've enjoyed every minute of it, and I suspect this will alter the course of my career and life. So thank you, Rob!