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Beyond Technical Analysis: How to Develop and Implement a Winning Trading System (Wiley Finance)
 
 
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Beyond Technical Analysis: How to Develop and Implement a Winning Trading System (Wiley Finance) (Hardcover)

by Tushar S. Chande (Author) "Nothing is easier than developing a trading system by the usual process of trial and terror..." (more)
Key Phrases: initial money management stop, monthly equity changes, maximum intraday drawdown, New York, Omega Research, Profit Factor British (more...)
3.8 out of 5 stars  (6 customer reviews)


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Editorial Reviews
Book Description
Unique book/disk package helps traders develop and forward-test a high-performance trading system

In trading, a winning system is everything. Without a systematized methodology on which to base their actions, traders quickly succumb to market fear and confusion and watch helplessly as precious profits vanish. And while it is theoretically possible to buy a canned trading system, most experts agree that the best system is proprietary to each trader—developed, implemented, and tested by the individual to suit his or her exact requirements.

In this book/software package, acclaimed technical trading system developer Tushar Chande shows traders how to develop a winning trading system, and how to test its future performance through computer simulation. The result? Users can paper trade their personal trading system before using it in the real world, accurately estimating how well they can cope with the day-to-day pressures of implementing the system when their capital is at risk and emotions are involved. Disk 1 provides a program enabling users to write a trade plan, create orders, rate their confidence for specific trades, and run P & L statements. Disk 2 is a demo disk for $ecure Trade Management Software.



Book Info
A step-by-step guide to creating trading systems for individual trading beliefs and profit objectives. Written to accommodate both the beginner and the expert, with an overview of strategies, testing techniques and technical analysis, plus an introduction to the author's Chande Comfort Zone method. Previous edition not cited. DLC: Investment analysis. --This text refers to the Hardcover edition.

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Product Details
  • Hardcover: 267 pages
  • Publisher: John Wiley & Sons Inc; Har/Dsk edition (January 1997)
  • Language: English
  • ISBN-10: 0471161888
  • ISBN-13: 978-0471161882
  • Product Dimensions: 10.2 x 7.5 x 1 inches
  • Shipping Weight: 1.7 pounds
  • Average Customer Review: 3.8 out of 5 stars  (6 customer reviews)
  • Amazon.com Sales Rank: #619,700 in Books (See Bestsellers in Books)
    (Publishers and authors: Improve Your Sales)
  • In-Print Editions: Kindle Edition (Kindle Book) |  Hardcover (2) |  All Editions