Comprehensive and authoritative description of the theory, creation, and use of mechanical trading systems. Presents historical tests of various trading systems approaches in 10 markets over a 5 year... This description may be from another edition of this product.
Very readable, witty and entertaining. Much of the concepts emphasized in the book are essentials of trading. Whilst alot may be now accepted as common knowledge, there remains an enduring quality to this book. Some of the stuff will undoubtedly be very dated (such as references to software etc.). Other issues have remained unresolved (to optimize or not, and how much to optimize). Still other aspects will always be relevant. Personally, I think many traders, at any level will enjoy reading this book, which must be regarded as a classic.
If forced to own only one book on futures this would be it!
Published by Thriftbooks.com User , 26 years ago
Bruce Babcock's book is spectacular. It cuts through all the nonsense in futures trading and reveals what is essential to surviving. Mr. Babcock provides lucid and honest evaluations of popular trading systems. The chapter on optimization is extremely useful. Wonderful book!! Far superior to most of the trash out there.
A must for a system developer
Published by Thriftbooks.com User , 26 years ago
Published in 1989 ! A great guide to trading systems. Recommended !
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