Building Winning Trading Systems (Wiley Trading)

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Product Description

The updated edition of the guide to building trading systems that can keep pace with the market

The stock market is constantly evolving, and coupled with the new global economic landscape, traders need to radically rethink the way they do business at home and abroad. Enter Building Winning Trading Systems, Second Edition, the all-new incarnation of the established text on getting the most out of the trading world. With technology now a pervasive element of every aspect of trading, the issue has become how to create a new system that meets the demands of the altered financial climate, and how to make it work.

Giving voice to the question on every trader and investor's lips, the book asks, "How can we build a trading system that will be paramount for our increasingly stressed markets?" The answer? Establish mechanical trading systems that remove human emotion from the equation and form the cornerstone of a complete trading plan and with greater agility, characteristics that are more important than ever given the kinetic pace of the markets.

• Presents an all-new strategy for trading systems that will show traders how to create systems that will work in the twenty first century
• Expert advice from highly respected trading authority, George Pruitt
• Includes a new website featuring updated TradeStation code and shows how to use the world's best investment software platform to develop and utilize trading systems that really work

Once again paving the way for traders who want to adapt to their environment, Building Winning Trading Systems, Second Edition combines expertise in indicator design and system building in one indispensable volume.

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Building Winning Trading Systems (Wiley Trading) Review

I was a little dissapointed with this book overall. I guess it would be useful if you are new to coding and need some help, but I found the "Winning" Systems to be pretty lame. I backtested most of them on many common equity stocks with lackluster results. The book is easy to understand and a newbie to Tradestation programming will learn a lot. But if you are buying this book to get some cool trading systems, I'd look elsewhere. Just my 2 cents.

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