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Quantitative Trading Strategies: Harnessing the Power of Quantitative Techniques to Create a Winning Trading Program
Harnessing the Power of Quantitative Techniques to Create a Winning Trading Program Lars Kestner Quantitative Trading Strategies takes readers through the development and evaluation stages of today's most popular and market-proven technical trading strategies. Quantifying every subjective decision in the trading process, this analytical book evaluates the work of well-known "quants" from John Henry to Monroe Trout and introduces 12 all-new trading strategies. It debunks numerous popular misconceptions, and is certain to make waves--and change minds--in the world of technical analysis and trading.
- GenresFinance
256 pages, Hardcover
First published January 8, 2003
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Displaying 1 - 3 of 3 reviews
March 8, 2021
This book outdoes most other works in the field of quantitative trading in that it favors performance measurement of strategies over anecdotal evidence. Statistical calculations are added for the trader with a long-term horizon and with a business approach.
Concepts are clearly explained in an accessible writing style, but are unfortunately repetitive and provide marginally new information with each passing chapter.
The highlights are the final two chapters where the development of a trading strategy based on the principles from the preceding chapters is spelled out. Unfortunately, some new concepts are introduced also and mixed in, making those otherwise absorbing chapters feel rushed and unfinished.
Concepts are clearly explained in an accessible writing style, but are unfortunately repetitive and provide marginally new information with each passing chapter.
The highlights are the final two chapters where the development of a trading strategy based on the principles from the preceding chapters is spelled out. Unfortunately, some new concepts are introduced also and mixed in, making those otherwise absorbing chapters feel rushed and unfinished.
December 12, 2018
By far the best introduction to quantitative trading I have read.
The author presents information in a comprehensive way. All the information is presented in a scientific way, all the concepts are explained using the underlying mathematical concepts. What's more is that the explanations are understandable and do not assume expert knowledge of statistics.
The book focuses uniquely on developing and testing the strategies themselves. It does not teach readers how to code the strategies on specific platforms.
Overall a great introduction to quantitative trading.
The author presents information in a comprehensive way. All the information is presented in a scientific way, all the concepts are explained using the underlying mathematical concepts. What's more is that the explanations are understandable and do not assume expert knowledge of statistics.
The book focuses uniquely on developing and testing the strategies themselves. It does not teach readers how to code the strategies on specific platforms.
Overall a great introduction to quantitative trading.
June 4, 2019
Looking forward to testing Kestner's moving averages system and Saitta's support and resistance system.
Nice approach to optimization. No presumption of innocence; systems are unprofitable unless proven profitable.
Nice approach to optimization. No presumption of innocence; systems are unprofitable unless proven profitable.
Displaying 1 - 3 of 3 reviews