Customer Reviews

Seasonal Stock Market Trends: The Definitive Guide to Calendar-Based Stock Market Trading (Wiley Trading)

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The book was well written and informative. I had heard of a lot of the trends in the past, but there were several that were new to me as well.

I recently subscribed to http://www.researchtrade.com. The site researches stocks to uncover historical trends based on calendar as well as company earnings releases. I have found that using their research along with some simple technical analysis produces very good results.

I coded the main system (KTI) presented in the last chapter into Tradestation. The results are spectacular as the author claimed for years 1934 through 2007. "Incidentally", the worst drawdown is for the only year the author didn't have the data for (which is 2008). This is because he didn't separate the available data into test and train subsets which is quite standard technique. Of course, if one tests the results on the same data they used to derive the system rules the outcome will be excellent.

Take this review as a warning.

Quite comprehensive but you won't make money in stocks or futures by readind it (no strategies associated with the corpus of the book)