Smarter Trading: Improving Performance in Changing Markets
Perry Kaufman(Author)
McGraw-Hill Professional (Publisher)
Published on 28. February 1995
Book
Hardback
252 pages
978-0-07-034002-2 (ISBN)
Article exhausted; check for reprint
Description
As a direct result of economic globalization and computerized trading, today's professional stock, bond, and futures traders face a career-making - or breaking - challenge: to track and immediately comprehend the bewildering place of market, volume, and price changes, then some how profit from this unexpected volatility. In "Smarter Trading" distinguished author and trader Perry Kaufman helps harried financial pros cope with financial market uncertainty by creating a "robust" trading model that adapts quickly to market changes and yields stronger, more predictable results. And he shows them how to make sense of the current barrage of sophisticated, hi-tech trading technologies - neural networks, fuzzy logic, expert systems, chaos, and fractals, to name a few - and align these weapons with their own trading strategies.
More details
Language
English
Place of publication
United States
Publishing group
McGraw-Hill Education - Europe
Target group
Professional and scholarly
Illustrations
57 Illustrations
Dimensions
Height: 241 mm
Width: 163 mm
Thickness: 23 mm
Weight
578 gr
ISBN-13
978-0-07-034002-2 (9780070340022)
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Perry J. Kaufman
Smarter Trading
Book
2nd Edition
McGraw-Hill Professional
€35.95
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McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide
Content
Part I: Structural Change in Stock and Derivatives Market.Change and Predictability.Evolution and Obsolescence.It Looks Easier Than It Is.Necessary Changes.Part II: Selecting Trading Tools and Techniques.Reasonable Expectatioins.Analysis of Fundamental Data.Econometric Forecasting.Principles of Trend Trading Advanced Methods: Artificial Intelligence.Application of Expert Systems.Neural Network Forecasting Model.The Technology Barrier.Part III: Better Use of New Rules and Tools.Our Changing Reality.Data Dilemmas.Getting the Most Out of a Solution.Part IV: Robust Trading Models.Isolating Changing Factors.Self-Adjusting Trading Techniques.Systems That Produce Predictable Results.Adaptive Trend Following.Testing for Robustness.Part V: Risk and Control.The Uncertainty of Risk.Risk Management.Where Are We Now?