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. This is something that author knows better than anyone. Michael Harris. 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. This is something that author knows better than anyone. Michael Harris. 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 methods and challenges some common misconceptions about markets.
• Offers a quantitative analysis of profit-Ability, risk and money management; examines the limitations imposed on profitability-Discussions on trading system design. Also discusses restrictions on capital requirements.
• The article discusses the development of trading system and explains how success depends upon your understanding of the details and possible pitfalls.

Specific examples are used Harris This article explains the different aspects of trading system design and shows how a disciplined approach can reduce the risk of loss while maximising your trading returns. You will learn a lot along the way. Harris He also introduces his concept for Trading System Synthesis is a dynamic way to discover profitable strategies that can then be used in a systematic trading strategy.

Get it now Michael Harris – Profitability & Systematic Trading

If you want to succeed as a trader, you need to be more thorough and introspective.-A depth approach to systematic trading. The following information can be found: 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 Pay attention to detail. That’s why Michael Harris—a financial veteran with extensive experience in developing trading systems—has created this book. This book is for serious traders. Profitability And Systematic Trading It addresses important issues like analyzing trading systems, selecting the best ones, synthesis of trading system, quantitative approaches to profitability and risk management, and more. The book includes specific examples to illustrate the subjects.

Long-Long-term success hinges on finding the right balance between capital preservation, and taking risks to maximize returns. 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-For testing and evaluation purposes, Lab script and Metastock formula are included. An automated pattern search software with limited functionality and sample data is included. These are useful tools for readers who want to learn more about the concept of automatic trading system discovery introduced in the last chapter.

Forex Trading – Foreign Exchange Course

Do you want to learn more about Forex trading?

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.