Unlock the secrets to successful trading with *Building Winning Algorithmic Trading Systems*. This comprehensive guide empowers both novice and seasoned traders to develop their own winning trading systems. Based on the expertise of award-winning trader Kevin Davey, this book provides practical guidance, enabling you to navigate the intricate world of algorithmic trading.

With the *Building Winning Algorithmic Trading Systems*, you'll embark on a journey from data mining to advanced Monte Carlo simulations and live trading strategies. Every essential component is covered, from generating and validating trading ideas to setting precise entry and exit points. Packed with proven techniques for testing systems, this book arms you with the knowledge to maximize your trading potential. Learn to recognize market trends and fluctuations to enhance your algorithm's performance, ensuring it adapts effectively to the dynamic market environment.

The companion website also enriches your learning experience, providing tools such as Davey's custom Monte Carlo simulator, designed to help you automate and rigorously test your trading systems before live deployment. As algorithmic trading continues to dominate stock trading volume, understanding how to create effective and robust systems has never been more vital.

*Learn the tested systems that achieved triple-digit returns in the World Cup Trading Championship!*
*Ideal for traders ready to embrace automation and demand precision in trading, this book helps you grasp the art and science of algorithmic trading.*

Condition: BRAND NEW
ISBN: 9781118778982
Year: 2014
Publisher: John Wiley & Sons Inc (US)
Pages: 288
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781118778982
Year: 2014
Publisher: John Wiley & Sons Inc (US)
Pages: 288


Description:
Develop your own trading system with practical guidance and
expert advice


In Building Algorithmic Trading Systems: A Trader's Journey
From Data Mining to Monte Carlo Simulation to Live Training,
award-winning trader Kevin Davey shares his secrets for developing
trading systems that generate triple-digit returns. With both
explanation and demonstration, Davey guides you step-by-step
through the entire process of generating and validating an idea,
setting entry and exit points, testing systems, and implementing
them in live trading. You'll find concrete rules for increasing or
decreasing allocation to a system, and rules for when to abandon
one. The companion website includes Davey's own Monte Carlo
simulator and other tools that will enable you to automate and test
your own trading ideas.


A purely discretionary approach to trading generally breaks down
over the long haul. With market data and statistics easily
available, traders are increasingly opting to employ an automated
or algorithmic trading system?enough that algorithmic trades
now account for the bulk of stock trading volume. Building
Algorithmic Trading Systems teaches you how to develop your own
systems with an eye toward market fluctuations and the impermanence
of even the most effective algorithm.


Learn the systems that generated triple-digit returns in the
World Cup Trading Championship

Develop an algorithmic approach for any trading idea using
off-the-shelf software or popular platforms

Test your new system using historical and current market
data

Mine market data for statistical tendencies that may for