Profitability and Systematic Trading: A Quantitative Approach to Profitability, Risk, and Money Management (Wiley Trading)

In order to overcome certain obstacles and make more informed decisions in today’s markets, you need to use the appropriate models and apply careful analysis. Nobody understands this better than author Michael Harris. And now, with Profitability and Systematic Trading, he reveals how to achieve this goal, by discussing some of the most important trading concepts he’s worked on during twenty years of research and development in this field. In this book, a well-known name in the field of trading system development outlines an effective approach to trading today's markets. In order to make the most informed decisions in today's markets people need to use the appropriate models and careful analysis. That's why Michael Harris has created Profitability and Systematic Trading. This book is a high-level trading resource that contains the author's unique Trading System Synthesis, a quantitative approach to profitability, risk, and money management that traders can use as building blocks in developing new strategies. Michael Harris (New York, NY) started developing mechanical trading systems in the late 1980s while working for Wall Street firms. He has been an active trader since 1989 and is currently the President of Tradingpatterns.com and Director of Harrison Investments, Inc "In order to overcome certain obstacles and make more informed decisions in today's markets, you need to use the appropriate models and apply careful analysis. Nobody understands this better than author Michael Harris. And now, with Profitability and Systematic Trading, he reveals how to achieve this goal, by discussing some of the most important trading concepts he's worked on during twenty years of research and development in this field."--Publisher's website