i have two newbies within my team and i want to feed them with best information about the markets to enable a steep productivity curve. one is c++ pro, the other is mathematician with c++ know how as well. both already programmed some trading systems. it's been a while since i bought trading books and i am definitely not up-to-date. this is why i would like to ask if you could tell me your favourite books which you think should be on the book shelf of a systematic trading operation. i place this here within trading, since i hope for some reaction before it is moved somewhere else, where there is less noise. thnx
tahnx banjo so you are going for: Trading Systems That Work: Building & Evaluating Effective Trading Systems, Irwin Trader's Edge Ser. Author: Stridsman, Thomas did you read it? are you trading systematic?
George Pruitt, editor of Futures Truth magazine, has a list of recommended books on trading systems at Amazon.com. He's probably one of the best qualified people to make suggestions in this area. George Pruitt's book list
i see he reccomends one of my all time faves: "winner take all" by gallacher EVERY new trader should read this one. surfer
yes he does, to a point. have you read it ? i utilize TA extensively to provide a framework on market chaos but am well aware of its limitations. gallacher's book is an eye opener--i highly reccomend it to TA believers and non believers. surfer
I looked at the reviews on amazon and decided against buying it. But since you found it useful I'll take another look.
Wonderful list! Besides the list, I recommand: 1. Trade Like a Hedge Fund: 20 Successful Un-correlated Strategies & Techniques to Winning Profits. Author: James Altucher 2. Design, Testing, and Optimization of Trading Systems by Robert Pardo
thanx. i am not sure what we are talking here when we say TA, but it is in any case interestng to see profound criticism.