Building winning algorithmic trading systems : a trader's journey from data mining to Monte Carlo simulation to live trading /
"Award-winning trader Kevin Davey explains how he evolved from a discretionary to a systems trader and began generating triple-digit annual returns. An inveterate systems developer, Davey explains the process of generating a trading idea, validating the idea through statistical analysis, settin...
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Main Authors: | |
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Published: |
Wiley,
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Publisher Address: | Hoboken, New Jersey : |
Publication Dates: | [2014] |
Literature type: | Book |
Language: | English |
Series: |
Wiley trading series. |
Subjects: | |
Summary: |
"Award-winning trader Kevin Davey explains how he evolved from a discretionary to a systems trader and began generating triple-digit annual returns. An inveterate systems developer, Davey explains the process of generating a trading idea, validating the idea through statistical analysis, setting entry and exit points, testing, and implementation in the market. Along the way, Davey provides insightful tips culled from his many years of successful trading. He emphasizes the importance of identifying the maximum loss a system is likely to produce and to understand that the higher the returns on a system, the higher the maximum loss. To smooth returns and minimize risk, Davey recommends that a trader utilize more than one system ... |
Item Description: | Includes index. |
Carrier Form: | xi, 269 pages : illustrations ; 24 cm. |
ISBN: |
9781118778982 (paperback) : 1118778987 (paperback) |
Index Number: | HG6024 |
CLC: | F830.59 |
Call Number: | F830.59/D248 |