A few more books can be added here: a) Technology for Trading in the New Millenium Its review is here: http://www.elitetrader.com/bo/index.cfm?action=view&B_ID=106&CatID=3 You can have a look here also: http://tradersstudio.com/Products/t...cmd/CatalogItemDetails/psmid/657/Default.aspx b) Cybernetic Trading Strategies: Developing a Profitable Trading System with State-of-the-Art Technologies Read more here: http://www.amazon.com/Cybernetic-Trading-Strategies-State-Art/dp/0471149209 You can have a look here also: http://tradersstudio.com/Products/t...cmd/CatalogItemDetails/psmid/657/Default.aspx Please note that both the above books are available on the TradersStudio website in the links given above and they are "autographed books", meaning personally signed by Mr. Murray Ruggiero. Moroever, if you order the books directly from the TradersStudio website, you can email Mr. Murray directly regarding the books and you will surely get a response too.
Good thread. Another great read is Trading Systems by Jaekle and Tomasini. It basically lays out the entire process of designing, testing, overfitting and then correcting the overfit of a forex trend system. Really good stuff that confirms what you've already found if you've been there already, but nice to see others come to the same conclusion. It comes to the inevitable conclusion that it is possible to run a portfolio of algos and make money, but you can never trust them! In other words, "system trading is ultimately discretionary" :eek:
The "spectacularly failing strategy" from the thread below is the trend system described in that book. Fortunately for the book, it was released before the system started to fail. http://www.elitetrader.com/vb/showthread.php?s=&threadid=242134 Aside from that, I have to agree that the book was good to read.
If any one is getting the above add this book to your order : Inside Advantage Back Issue Collection You can order it from Traders Studio web site, full of good infomation
As someone who is just getting started with trading, I didn't find the post trolling at all. I don't care what someone's opinion is about a book. I appreciate the fact that someone is posting that the book just plain exists. I can then determine if it's worth my time. I actually find the complaints, the insults and the nasty comments the real waste of time. If you don't like his post, then stop reading.
I just read the content of Ruey S. Tsay, Analysis of Financial Time Series., it should be a very difficulty to understand math book, but I believe it is definitely how the bank/ibank predict but just make it even much more complicated maths.