Customer Reviews

The Dow Jones-Irwin Guide To Trading Systems

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Very readable, witty and entertaining. Much of the concepts emphasized in the book are essentials of trading. Whilst alot may be now accepted as common knowledge, there remains an enduring quality to this book. Some of the stuff will undoubtedly be very dated (such as references to software etc.). Other issues have remained unresolved (to optimize or not, and how much to optimize). Still other aspects will always be relevant. Personally, I think many traders, at any level will enjoy reading this book, which must be regarded as a classic.

Bruce Babcock's book is spectacular. It cuts through all the nonsense in futures trading and reveals what is essential to surviving. Mr. Babcock provides lucid and honest evaluations of popular trading systems. The chapter on optimization is extremely useful. Wonderful book!! Far superior to most of the trash out there.

Published in 1989 ! A great guide to trading systems. Recommended !

For those interested in system development, explains concepts in a simple yet relevant way. The book is over 20 years old, yet the concepts are timeless.

Systems trading is simply a mthod to trade markets which eliminates all emotional biases from the decision making process and dictates that all decisions are made based on pre-defined rules.

Once the system is developed, it can be usd to trade across all markets and asset classes, stocks, indicies, bonds, ETFs, commodities, futures, etc.


Hard to get but a must read in my opinion.