Best Algo Trading books

Discussion in 'Automated Trading' started by Darc, Dec 23, 2022.

  1. Darc

    Darc

    Can someone supply recommendations for Books that teach you coding. I think I've cracked the Market, yes you heard it, another one.
    I just need to learn coding, from scratch to being able to do it.

    Any suggestions please. Thanks.
     
  2. Zodiac4u

    Zodiac4u

    No pun but If you cracked the market why aren't you trading the market with your trigger finger? Or are you past this point or are you looking for micro trades? I provide no rain or clouds on your parade, I'm just curious?
     
  3. Darc

    Darc

    I'm guessing self depreciating humour is beyond you. Perhaps contribute constructively to the thread.
     
  4. Darc

    Darc

    OK, so upon further searching and Googling I'm going to start with Ernest Chan s and Robert Carver's books.

    Should only be a matter of time before my very own money vacuum machine is up and running right? Right???!!!
     
  5. I’m confused what you want to learn? A coding language? Setting up a systematic trading strategy?
     
  6. Darc

    Darc

    Setting up a system trading strategy.
     
  7. spy

    spy

    A word of caution, this recommendation is not for the faint of heart. But if you're dead serious there's really only one way to go:

    SICP is basically the gold standard text. And you can watch the lectures via youtube...

    https://www.youtube.com/playlist?list=PL7BcsI5ueSNFPCEisbaoQ0kXIDX9rR5FF
     
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  8. Darc

    Darc

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  9. spy

    spy

    Sure. If you're a bit more old school, which I am, you can view the lectures from '86 instead (or in addition):

     
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  10. Pretty much every single book about algorithmic trading is a programming book. They go through very basic systems in order to develop the code to automate triggers that would control the strategy. They cannot go into a very deep strategy, otherwise they would lose their audience pretty quickly, so the systems they present are useless.

    Then they have to choose a language and a broker to automate the example that they want to present and if you want to choose any other language or broker, that book is useless for you.

    You will be way better trying to automate any trading idea that you might come across with and become familiar with your brokers' API.

    On every algo you need triggers in order to set up your actions, so start by getting familiar with the API or any of the brokers you want to use and lay out a pseudo code with a few sentences. That's exactly what these books do, step by step.

    In case you still want to read something, look for Ernest P. Chan books
     
    Last edited: Dec 24, 2022
    #10     Dec 24, 2022
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