Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your email address or mobile phone number.
"... it's packed with a ton of useful information on programs, spreadsheets, algorithms and other tools. It even comes with a CD-ROM that's pulsing with more hot, sexy info covering just about every trading trick under the sun." (Trader Monthly magazine, June/July 2005)
"At $125, the book is not cheap, but no trader should be without it." (Managed Account Reports (MAR), April 2005)
New Trading Systems and Methods, Fourth Edition provides you with a complete understanding of the tools and techniques needed to develop or choose a trading program that is right for you. It begins with a discussion of basic concepts, including definitions, how much data to use, how to create an index, some statistics and probability, and other tools that will be used throughout the book, then moves on to techniques that are most important to tradingidentifying the trend and momentum. Other chapters are organized by common grouping so that you can compare the different ways that similar problems have been solved. The systematic approach to charting has been significantly expanded in this edition, showing how various patterns can be compared to other systematic methods, or how techniques such as identifying support and resistance, or channels, can be computerized. Examples include a wide range of futures and stocks.
New Trading Systems and Methods, Fourth Edition doesn't attempt to prove that one system is better than another, because it's impossible to know what will happen in the future or how you will cleverly apply these techniques. Instead, it tries to evaluate the conditions under which certain methods are likely to do better and the situations that will be harmful to specific approaches. By grouping similar systems and techniques together, you'll be able to personally compare the differences and study the results. Seeing how analysts have modified existing ideas can help you decide how to proceed and give you an understanding of why you might choose one path over another. Since no trader can be successful without controlling risk, this edition also includes expanded coverage of portfolio allocation, which will allow you to efficiently balance trading exposure.
As the competition for trading profits gets keener, you need to look for more innovativeand sometimes more extensivesolutions. You need strategies that are different from those of other traders. You need the tools, skills, and awareness that only New Trading Systems and Methods, Fourth Edition can provide.
perfect for me..cant say enough about kaufman/keltner...targets the exact indicators/trends for understandable analysis...trading smart book is another one of his is a musreadPublished 18 months ago by dennis ropes
New trading Systems and Methods 4th Edition is an essential read for serious traders. It moves beyond the pevious edition as it is more comprehensive. Read morePublished on June 12, 2012 by lance
I'm a professional trader and own a lot of books on trading in general, technical analysis in particular. Read morePublished on February 25, 2012 by Sangita Shastry
For someone new in the trading systems industry, this is a good book and worth reading.
I really disliked this book! I have read dozens of books on technical analysis, and in my opinion this is among the worst. I say this for 2 major reasons. Read morePublished on January 17, 2011 by Chartist
This is an excellent technique analsysis book. the author give me a different conecpt in the trading system.
Its methods and description are very clear. Read more
A classic in all its editions, and a must have reference on your bookshelf. Whole much of the contents have been covered in other texts, Kaufman brings together a nice review of a... Read morePublished on February 13, 2010 by Larry P.
The book includes most of the trading methods avalaible, but it doesn't give a qualifacion
on the different methods; i.e. which one is best and so on. Read more