For more than two decades, futures traders have turned to the classic Trading Systems and Methods for complete information about the latest, most successful indicators, programs, algorithms, and systems. Perry Kaufman, a leading futures expert highly respected for his years of experience in research and trading, has thoroughly rewritten and updated his bestselling guide, which remains the most comprehensive and instructional book on trading systems today. This detailed, hands-on manual offers a thorough analysis, using a systematic approach and explanation of each method of calculation or operation.
Trading Systems and Methods continues to be the single best resource for the trader or market analyst who wants to create or choose a successful trading system.
@ 1200 pages Perry Kaufman's book, Trading Systems and Methods rev5, can be overwhelming.
You've got to be motivated to find the chapters of most value and then apply the new knowledge to something.
I'm already trading > $500/day on less than 3-5 lot CME futures and I didn't need basics:
I need DEPTH and BREADTH for creation of new and far more optimized ideas. The vision from a player who's lived 10-1000x larger monthly contract counts. The floor trader and evolved system trader's perspective.
Kaufman is the real deal.<\b> The 20 hrs I could squeeze into a 14 day library loan while holding a 9-5 job, trading 15 hr /wk opened a new picture on 2 subjects and pushed me to purchase the > $100 book on amazon.
There's an amazing amount of breadth in this book. You could never fill depth for the topics without doing the work to trade it.
Good trading to you all. Never trade what you can't afford to loose.
This book is a broad starting point for traders looking to have a technically driven strategy. As such, it does what it sets out to do. As a fundamentally driven investor, I still had some takeaways but it was hard work getting to them. That's not Kaufman's fault-I'm not his target reader. Still glad I read/skimmed the book.