For than two decades, futures traders have turned to the classic Trading Systems and Methods for complete information about the latest, most successful indicators, programs, algorithms, and systems Perry Kaufman, a leading futures expert highly respected for his years of experience in research and trading, has thoroughly rewritten and updated his bestselling guide, which remains the most comprehensive and instructional book on trading systems today This detailed, hands on manual offers a thorough analysis, using a systematic approach and explanation of each method of calculation or operation Trading Systems and Methods continues to be the single best resource for the trader or market analyst who wants to create or choose a successful trading system....
|Title||:||Trading Systems and Methods (Wiley Trading)|
|Publisher||:||Wiley 3 edition June 1, 1997|
|Number of Pages||:||720 pages|
|File Size||:||896 KB|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
Trading Systems and Methods (Wiley Trading) Reviews
I've read a lot of Kaufman's work, and this is a disappointment. It seems the publisher couldn't afford an editor - there are so many mistakes in both grammar and content. So much so that I pity the novice trying to make sense of the information. Frequently, the book even gets the simplest information wrong. For example, on page 646, he outlines the Dogs of the Dow strategy, stating that to implement the strategy, one would "...buy the 10 members of the Dow with the lowest stock dividend yields..." No, Mr. Kaufman, it's the HIGHEST dividend yields, the theory being that a high yield implies a low price - hence the name "Dogs." This is not complicated information, yet he gets it wrong. I've caught several errors of this kind as I've read through this tome. Some of the information is extremely complex, with complicated formulas. It's really hard to trust that those complicated formulas and programming language are correct when he can't even get the simple stuff right. So my advice to the publisher is to hire an editor who knows English AND trading, inside and out, for your next edition. And my advice for the reader is, read it with a grain of salt. Oh, and it's not just the Kindle edition where the charts are hard to read. They're hard to read in the hardback as well. A bold effort to try to cover everything in one book, but unfortunately, it's just a mess.
Good reference book. Not really great for reading cover to cover.
Lots of concepts described, good source of getting ideas. The accompanied website helps to get the concepts coded (TradeStation).
This is a really good book for those looking for new trading ideas. I haven't yet finished the entire book, which contains a wealth of information btw, but I have already been inspired with several new ideas to test out in my trading strategies.
I read every version of this book. It is my reference book of choice a large majority of the time. So I rushed out to get this one as soon as i heard it was available. There's a lot of new content in here as well as updates to previous examples given. But on the website if your actually using that to reconstruct the examples your going to run into problems. I have been talked with Wiley and have identified at least 7 missing, or incorrect files in the downloads. I have yet to see much of an update on that front. They told me they have to talk to the editor. I think having the website material and being able to work with the programs yourself is crucial aspect for this book. It loses a lot of that with broken or missing files. I would give this 5 stars but the missing files really bring it down for me.
This book exposes the reader to many concepts necessary to stay in the trading game. The information is well organized and presented well. It can be "a read" but would be better pursued as a study. That means thinking through the formulas presented, getting a grip on statistics and its interpretations (all in the book).
Trading System and Methods is the ultimate encyclopedic reference of technical trading systems for the modern trader. There are only a couple of other books that endeavor to fill this space and they're not bad. My preference for this book is based on several factors.
This book should be mandatory reading for all traders, new and old. Every trader should have this in their Library. If you only have the money for one book and you want it to be the best and that it covers almost every type of technical analysis, this is it. I have bought every edition of this book. Whenever I want ideas to investigate I open this book immediately and am rewarded with dozens of golden nuggets. Thank you Perry Kaufman for writing this book and then taking the time to update it.