Harnessing the Power of Quantitative Techniques to Create a Winning Trading ProgramLars Kestner Quantitative Trading Strategies takes readers by means of the event and analysis levels of right this moment’s hottest and market-proven technical buying and selling methods. Quantifying each subjective determination within the buying and selling course of, this analytical guide evaluates the work of well-known “quants” from John Henry to Monroe Trout and introduces 12 all-new buying and selling methods. It debunks quite a few common misconceptions, and is definite to make waves–and alter minds–on the planet of technical evaluation and buying and selling.
From the Back Cover
An In-Depth Look at Today’s Top Technical Trading Strategies–And How You Can Incorporate Them into Your Personal Trading Program
By combining historic market efficiency with modern-day know-how, technical merchants usually exhibit uncanny, seemingly intuitive skills to manage money-draining losses whereas letting income run. Quantitative Trading Strategies evaluations right this moment’s hottest and efficient strategies, and explains tips on how to incorporate their quantitative strengths into your individual buying and selling system to dramatically enhance each your entry and exit timing and threat administration.
Exploring a variety of systematic buying and selling methods and techniques for threat and cash administration, Quantitative Trading Strategies examines each important side of right this moment’s technical buying and selling enviornment to give you:
- Performance summaries of particular buying and selling methods
- All-new cash administration approaches based mostly on optimum leverage
- Step-by-step instructions for making a system constructed round your individual buying and selling fashion
For a long time, tens of millions of profitable merchants have relied on technical evaluation to not solely enhance the timing of their entries and exits but additionally to see and keep away from harmful trades and conditions. Let Quantitative Trading Strategies introduce you to the best-of-the-best, and give you the data and instruments it’s essential create and implement a buying and selling methodology designed to suit your buying and selling strengths–and enhance your efficiency in nearly any market surroundings.
“First and foremost, this book explores the ability of quantitative trading strategies to time the markets. My goal in writing it is to set the record straight with time tested statistics–not untested theories and market lore passed down through the ages.”–From the Prologue
Technical merchants examine–and construct their buying and selling packages round–points of market and investor conduct that result in often occurring patterns in inventory costs. These patterns may help merchants dramatically enhance the timing of when, and when to not, place buys and sells. And whereas there may be by no means a assure whether or not a given commerce will generate a revenue or a loss, quantitative instruments can present technicians tips on how to determine, measure, and act upon alternatives for each reward and threat.
Quantitative Trading Strategies examines right this moment’s hottest and confirmed technical buying and selling methods, explaining their pluses and minuses whereas offering the required information and analysis findings for figuring out which is able to work finest for you. Drawing on present market analysis in addition to methods which can be each statistically sound and rigorously backtested to find out their accuracy and effectiveness, this results-focused guide options:
- 11 new methods for buying and selling shares, futures, and the newly common relative worth markets
- Money administration tips that may imply the distinction between prospering–and going broke
- Methods for creating and implementing your individual technical buying and selling methods
Technical merchants know that what has occurred earlier than is destined to happen once more, and so they use this data to reinforce their buying and selling efficiency throughout the board.Quantitative Trading Strategies takes you thru the event and analysis levels of right this moment’s hottest technical buying and selling methods and–requiring nothing greater than common market data and math background–exhibits you tips on how to precisely detect and exploit worthwhile patterns.
From deciding which markets to commerce to creating personalised buying and selling methods and cash administration plans, Quantitative Trading Strategies provides you with the quantitative basis it’s essential precisely purchase and promote monetary property whereas controlling the danger related to these property. Along the best way, it debunks quite a few myths and misconceptions, and offers a transparent understanding of the numerous worthwhile advantages quantitative evaluation can present merchants and buyers in right this moment’s technically pushed market.
About the Author
Lars Kestner is a founding companion of proprietary buying and selling agency Sabre II LLC and the previous vice chairman of fairness derivatives buying and selling at Salomon Smith Barney.