Trading Systems and Methods

by Perry J. Kaufman

Overview

For more than two decades, futures traders have turned to the classic Trading Systems and Methods for complete information about the latest, most successful indicators, programs, algorithms, and systems. Now, this newly revised and expanded Third Edition continues that tradition, including many new approaches and covering the latest developments in the continuously evolving equipment and techniques for trading futures markets.

Perry J. Kaufman, a leading futures expert highly respected for his years of experience in research and trading, has thoroughly rewritten and updated his bestselling guide, which remains the most comprehensive and instructional book on trading systems today. This detailed, hands-on manual offers a thorough analysis, using a systematic approach and including explanations of each method of calculation or operation. Kaufman explores both the good and bad features of each trading technique, explaining why a trading system or method works or doesn't work, how to select features that fit the trader's needs best, and how to test a system to achieve a sound trading program.

Since the early '70s, Kaufman has been devoted to futures research, with a particular emphasis on computer applications. He includes computer programs and spreadsheet code to implement each system and method, in addition to the mathematics involved. Where other books fall short, Kaufman's reference makes it possible for traders and analysts to program the systems themselves, changing the programs as they see fit and applying the techniques to their own styles and trading tools.

Trading Systems and Methods continues to be the single best resource for the trader or market analyst whowants to create or choose a successful trading system.

The bestselling guide to trading systems—completely revised and updated

Product Details

ISBN-13:	9781119605393
Publisher:	Wiley
Publication date:	11/05/2019
Series:	Wiley Trading
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	1168
File size:	118 MB
Note:	This product may take a few minutes to download.

About the Author

PERRY J. KAUFMAN is a financial engineer, well-known for developing algorithmic strategies for the global equity and futures markets. Mr. Kaufman's Trading Systems and Methods has been called "the most authoritative and comprehensive work" in the field. He is also author of A Guide to Creating a Successful Algorithmic Trading Strategy (Wiley). Mr. Kaufman also co-founded the Journal of Futures Markets.

Table of Contents

Basic Concepts.
Regression Analysis.
Trend Calculations.
Trend Systems.
Momentum and Oscillators.
Seasonality.
Cycle Analysis.
Charting.
Volume, Open Interest, and Breadth.
Point-and-Figure Charting.
Charting Systems.
Spreads and Arbitrage.
Behavioral Techniques.
Pattern Recognition.
Day Trading.
Adaptive Techniques.
Price Distribution Systems.
Multiple Time Frames.
Advanced Techniques.
Testing.
Practical Considerations.
Risk Control.
Appendices.
Bibliography.
Index.

Editorial Reviews

Probably the most comprehensive guide to trading systems ever written from one of the foremost experts in the field. This is an invaluable reference work for anyone with an interest in trading systems.

Jack D. Schwager

Perry Kaufman has no peer in the field of trading system design. In this authoritative new edition, Perry adds rich material to a remarkable body of indicators and timing methods.

Nelson Freeburg

A carefully thought out revision. The new added content is impressive . . . and useful. Kaufman is to be commended for carefully choosing and annotating that content. Years of questioning and reasoning the validity of both new and classical technical analysis studies has prepared the author to be a most knowledgeable 'final filter'. In this book he has selected the best. Thanks!

Tim Slater

This is a remarkably insightful book about the ins and outs of the futures market. In his usual inimitable style, Perry does a wonderful job of showing the beginner and the experienced person what it takes to build and use a successful trading system. Whether you're an old pro or a beginner, this book is an excellent source for analyzing, evaluating, and forecasting price movements.

Mark J. Powers

An original and masterful approach that provides an in-depth analysis of the most popular trading techniques. The entire process for developing and testing trading strategies is put into a cohesive framework.

David Krell

"Probably the most comprehensive guide to trading systems ever written from one of the foremost experts in the field. This is an invaluable reference work for anyone with an interest in trading systems." -Jack D. Schwager, author Technical Analysis and The New Market Wizards

"This is a remarkably insightful book about the ins and outs of the futures market. In his usual inimitable style, Perry does a wonderful job of showing the beginner and the experienced person what it takes to build and use a successful trading system. Whether you're an old pro or a beginner, this book is an excellent source for analyzing, evaluating, and forecasting price movements." -Mark J. Powers, President, Powers & Dubin Asset Allocation and Management Co.

"An original and masterful approach that provides an in-depth analysis of the most popular trading techniques. The entire process for developing and testing trading strategies is put into a cohesive framework." -David Krell, Chairman, K-Squared Research, LLC

From the Publisher