Trading on the Edge: Neural, Genetic, and Fuzzy Systems for Chaotic Financial Markets (Wiley Finance) [Hardcover]

Guido J. Deboeck (Editor)

Book Description

Publication Date: March 1994 | ISBN-10: 0471311006 | ISBN-13: 978-0471311003 | Edition: 1

Experts from the world's major financial institutions contributed to this work and have already used the newest technologies. Gives proven strategies for using neural networks, algorithms, fuzzy logic and nonlinear data analysis techniques to enhance profitability. The latest analytical breakthroughs, the impact on modern finance theory and practice, including the best ways for profitably applying them to any trading and portfolio management system, are all covered.

Editorial Reviews

From the Publisher

Experts from the world's major financial institutions contributed to this work and have already used the newest technologies. Gives proven strategies for using neural networks, algorithms, fuzzy logic and nonlinear data analysis techniques to enhance profitability. The latest analytical breakthroughs, the impact on modern finance theory and practice, including the best ways for profitably applying them to any trading and portfolio management system, are all covered.

Product Details

• Hardcover: 416 pages
• Publisher: Wiley; 1 edition (March 1994)
• Language: English
• ISBN-10: 0471311006
• ISBN-13: 978-0471311003
• Product Dimensions: 9.3 x 6.4 x 1.3 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 2.7 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #587,711 in Books (See Top 100 in Books)
  • #81 in Books > Computers & Technology > Computer Science > Artificial Intelligence > Neural Networks

Customer Reviews

Most Helpful Customer Reviews

41 of 43 people found the following review helpful:

4.0 out of 5 stars Covers a lot., June 26, 1999

By A Customer

This review is from: Trading on the Edge: Neural, Genetic, and Fuzzy Systems for Chaotic Financial Markets (Wiley Finance) (Hardcover)

Discusses financial applications of neural networks, genetic algorithms and fuzzy logic. Is aimed at the beginner to intermediate level. Focuses more on data processing and application than on the actual building of neural nets. Several useful examples are given. Sections are written by experts in that particular field. This is usually advantageous except ocassionally where terminology may not always be consistent between sections. Overall a good book if you know how to write your own NN/GA/FUZZY program or have access to one.

13 of 21 people found the following review helpful:

2.0 out of 5 stars Hi-tech is always the best???????????, August 6, 2001

By 

Robert Goodman (NY, USA) - See all my reviews

This review is from: Trading on the Edge: Neural, Genetic, and Fuzzy Systems for Chaotic Financial Markets (Wiley Finance) (Hardcover)

My interest in NN/GA started 3 years ago and I found this book. It covers some advanced methods for trading. But I am not sure whether they are really better than the traditional technical analysis. The results in this book could not prove it. And some authors didn't disclose their methods clearly. It seems to be very common among people who are using NN/GA/fuzzy logic in trading. So it is hard to know the reliability and accuracy of their results. And we cannot repeat their experiments. Personally, I won't use them in trading. I also gradually lose the interest in this area. I would like to know anyone really made profit by using them.

2 of 19 people found the following review helpful:

2.0 out of 5 stars Waste if money, August 1, 2005

By 

zzz (Florida) - See all my reviews

This review is from: Trading on the Edge: Neural, Genetic, and Fuzzy Systems for Chaotic Financial Markets (Wiley Finance) (Hardcover)

What good is this book withut tradestation code. Eventually you will not use it and will set on your book shelf collecting dust. I suspect the author knows how to program and all other author like him. Topics studied in MS computer science software courses leave it to programers to write, since they are qualified than those who don't know how, But can do research ans sell a book to excited hope to be traders.