Dr. Howard Bandy, the author of this book has university degrees in computer science, engineering, mathematics and physics. He is specialized in artificial intelligence and applied mathematics. He has been programming successful stock trading systems and was a senior research analyst for a CTA company. The book is about quantitative trading systems that rely on […]
Author: Markus
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The data for any decision is infinite
Crazy times in the world, huh? A year ago today, I was flying to NYC to meet other traders and attend a trading workshop. Can’t imagine that opportunity right now. However, something has stuck with me ever since. When I was on the plane, I was listening to a podcast that played an excerpt of […]
Published in 2012 by a discretionary trader Adam Grimes, this book is all about the basics and logic about technical analysis in financial trading, why and how it works. Some say technical analysis works because everyone looks at the charts and anticipates the same way but Grimes goes back to the Dow chart of 1929 […]
I have just finished the book, Trend Following, 5th Edition (2017): How to Make a Fortune in Bull, Bear and Black Swan Markets by Michael W. Covel. I think the first edition came out somewhere around 2004 but has been revised and extended again now with up-to-date content. First, I want to say I started […]
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The best loser is the long-term winner
Winning is easy, losing is hard. In school and sports we are taught to be winners. In trading we need to learn to lose. Amateurs like to take quick profits cause it feels good, they hold on to losing positions cause having it on paper doesn’t feel as bad as actually taking it. Pros do […]