2 - The New Commodity Trading Systems And Methods

The New Commodity Trading Systems and Methods By Perry J. Kaufman $34.95

•

Hardcover: 544 pages

•

Publisher: John Wiley & Sons Inc (August 1987)

•

Language: English

•

ISBN-10: 0471878790

•

ISBN-13: 978-0471878797

•

Product Dimensions: 10.5 x 7.5 x 1.8 inches

•

Shipping Weight: 2.6 pounds

$5.00 SH

LIKE NEW! Excellent condition, clean and unmarked pages. Binding very firm and straight. Not a Remainder ~ Not Ex-Library ~ From Private Collection Book Description Since Commodity Trading Systems and Methods was first published in 1978, the commodity futures market has undergone dramatic changes.

Advances in research and a computerization of the market have created many new approaches to analyzing and forecasting price movement. This new edition critically evaluates these new technical trading systems and methods, with emphasis on each one's profitability under specific market conditions. The New Commodity Trading Systems and Methods gives an unbiased, authoritative opinion of what trading systems work best under what market conditions, why, and how. After a brief explanation of the basic concepts of technical trading, Kaufman evaluates the various systems. The guide also covers advanced techniques such as measuring volatility and price-volume distribution and offers practical tips on how to use personal computers in your trading efforts (you'll learn how computerized testing of a technique can lead to the wrong solution as well as the right one). Complete with easy-to-use computer programming code, illustrations, specific formulas and rules for trading systems, and comparative performance tables for the major systems, The New Commodity Trading Systems and Methods gives you all the technical tools you need to accurately analyze and profit in today's high-leverage goods markets. Table of Contents 1. Introduction 2. Basic Concepts 3. Regression Analysis 4. Moving Averages 5. Moving Average Systems 6. Momentum and Oscillators 7. Seasonal and Cyclic Analysis 8. Charting 9. Point-and-Figure Charting 10. Charting Systems 11. Spreads 12. Behavioral Techniques 13. Pattern Recognition 14. Day Trading 15. Optimization 16. Advanced Techniques 17. Practical Considerations 18. System Management

Appendixes (i) Statistical Tables (ii) Method of Least Squares (iii) Matrix Solutions to Linear Equations (iv) Trigonometric Regression for Finding Cycles (v) Fourier Transformation (vi) Pattern Studies (vii) Construction of a Pentagon Bibliography Index Editorial Reviews The publisher, John Wiley & Sons One of the best and complete sources for locating, understanding and developing a trading strategy. Focusing on ways to trade on the futures (or any) market for profit, it fully explains entire trading systems, classifies many approaches, points out their similarities and differences, and describes how these techniques will cause greater risk or reward given different circumstances. Chapters build from simple systems to more complex approaches, such as spectral analysis, showing why simplicity is often best. Includes some systems appropriate for computer application, with many programs appearing in an appendix. The treatment is complete, clearly written and unbiased. Most Helpful Customer Reviews Best fundamental systems building book I've seen! Only book that covered "Island and Continent" 3-D graphs analysis No one else (to my knowledge) has emphasized the importance of looking for stability in parameters that are used in systems analysis. I'd never trust a system unless I saw big wide continents in both Profits and Returns on Account minimum....What good is a system unless you know that that the parameter's you're using really work...that they're not out of standard deviation and surrounding parameters also work! This will give the user ability to see what parameter or inputs not only make profits but where the safest and stable sets of parameters exist. Give me robust systems only please. Can't wait for his new book to come out. Good Introductory Text

This book is a rigorous introduction on various technical analysis concepts. It does not waste the readers' time on unnecessary formalization like many college text books. Most of the information provided in the book are equally applicable to stocks, indices, etc. not just commodities as the name of the book suggests. Topics covered - basic charting, standard indicator calculations, to concepts like trading system design and comparison. Information on each topic are rich and in detail. Some college mathematics background is needed if you would like to understand the details of the calculations and analysis. In summary, this book is very well written and is a must read for traders who are interested in learning what technical analysis is all about.