LEADER 05470nam 22006974a 450 001 9910449781003321 005 20200520144314.0 010 $a0-470-42152-5 010 $a1-280-26578-7 010 $a9786610265787 010 $a0-471-73097-1 035 $a(CKB)1000000000244135 035 $a(EBL)221221 035 $a(OCoLC)57471263 035 $a(SSID)ssj0000200084 035 $a(PQKBManifestationID)11173087 035 $a(PQKBTitleCode)TC0000200084 035 $a(PQKBWorkID)10220195 035 $a(PQKB)10832952 035 $a(MiAaPQ)EBC221221 035 $a(CaSebORM)9780471730972 035 $a(Au-PeEL)EBL221221 035 $a(CaPaEBR)ebr10114157 035 $a(CaONFJC)MIL26578 035 $a(EXLCZ)991000000000244135 100 $a20040706d2005 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMechanical trading systems$b[electronic resource] $epairing trader psychology with technical analysis /$fRichard L. Weissman 205 $a1st edition 210 $aHoboken, NJ $cJohn Wiley & Sons$dc2005 215 $a1 online resource (241 p.) 225 1 $aThe Wiley trading 300 $aDescription based upon print version of record. 311 $a0-471-65435-3 320 $aIncludes bibliographical references (p. 205-206) and index. 327 $aMechanical Trading Systems; Contents; Preface; Acknowledgments; Chapter 1: Dispelling Myths and Defining Terms; DISPELLING THE MYTHS: THE INEFFICIENT MARKET AND THE HARD ROAD TO PROFITS; TECHNICAL ANALYSIS: A DEFINITION; MECHANICAL TRADING SYSTEMS: A DEFINITION; DEFINING THE TIME FRAMES; TECHNICAL ANALYSIS: WHY IT WORKS; TYPES OF TECHNICAL INDICATORS: TREND-FOLLOWING AND MEAN REVERSION; Chapter 2: Mathematical Technical Analysis; TYPES OF TECHNICAL INDICATORS; TREND-FOLLOWING INDICATORS: INDICATOR-DRIVEN TRIGGERS; PRICE-TRIGGERED TREND-FOLLOWING INDICATORS: DONCHIAN'S CHANNEL BREAKOUT 327 $aMEAN REVERSION INDICATOR-DRIVEN TRIGGERS: OSCILLATORSChapter 3: Trend-Following Systems; PRELIMINARY CONSIDERATIONS; TWO MOVING AVERAGE CROSSOVER; ICHIMOKU TWO MOVING AVERAGE CROSSOVER; THREE MOVING AVERAGE CROSSOVER; ICHIMOKU THREE MOVING AVERAGE CROSSOVER; MACD; DMI; DMI WITH ADX; CHANNEL BREAKOUT; BOLLINGER BANDS; SOME COMPARISONS; GENERAL RULES OF THUMB; CUTTING THE TAILS OF A SYSTEM'S DISTRIBUTION; PSYCHOLOGICAL PROFILE OF A TREND-FOLLOWING TRADER; Chapter 4: Mean Reversion Systems; CONSIDERATIONS IN ANALYZING INTERMEDIATE-TERM MEAN REVERSION TRADING SYSTEMS 327 $aTREND-FOLLOWING MEAN REVERSION SYSTEMSNONDIRECTIONALLY BIASED MEAN REVERSION SYSTEMS; PSYCHOLOGICAL PROFILE OF AN INTERMEDIATE-TERM MEAN REVERSION TRADER; FADING THE LOSING SYSTEM; Chapter 5: Short-Term Systems; LIQUIDITY AND VOLATILITY; BACKTESTED RESULTS; SWING TRADING WITH 2-HOUR BARS; MEAN REVERSION SYSTEMS USING 60-MINUTE BARS; NONDIRECTIONALLY BIASED MEAN REVERSION SYSTEMS; MEAN REVERSION SYSTEMS USING 30-MINUTE BARS; 15-MINUTE BAR SYSTEMS: RSI EXTREMES WITH 50-HOUR MOVING AVERAGE FILTER; 5-MINUTE BAR SYSTEMS: RSI EXTREMES WITH 16.67-HOUR MOVING AVERAGE FILTER 327 $aPSYCHOLOGICAL PROFILE OF A SHORT-TERM TRADERChapter 6: Knowing Oneself; TRADER PSYCHOLOGY: EVER THE SAME AND PERPETUALLY CHANGING; TIME FRAMES, TRADING SYSTEMS, AND PERSONALITY TRAITS; Chapter 7: System Development and Analysis; SYSTEM DEVELOPMENT ISSUES: AN OVERVIEW; BENEFITS OF MECHANICAL TRADING SYSTEMS; PITFALLS OF MECHANICAL TRADING SYSTEMS; OPTIMIZATION PROCESS; SYSTEM DEVELOPMENT PROCESS; DATA ANALYSIS PROCESS; TRADING SYSTEM PHILOSOPHY STATEMENTS; MEASURING TRADING SYSTEM PERFORMANCE; Chapter 8: Price Risk Management; PRICE RISK MANAGEMENT ISSUES: AN OVERVIEW 327 $aSTOP-LOSS PRICE RISK MANAGEMENT FOR TRADING ACCOUNTSTWO SCHOOLS OF PRICE RISK MANAGEMENT; STOP-LOSS PRICE RISK MANAGEMENT; VOLUMETRIC PRICE RISK MANAGEMENT: MARTINGALE AND ANTI-MARTINGALE STRATEGIES; VALUE AT RISK: AN OVERVIEW; BENEFITS OF VALUE AT RISK; PITFALLS OF VALUE AT RISK; STRESS TESTING; PSYCHOLOGY OF PRICE RISK MANAGEMENT; MECHANICAL TRADING SYSTEMS, DRAWDOWNS, AND TRADER CONFIDENCE; Chapter 9: Improving the Rate of Return; THREE TYPES OF DIVERSIFICATION; DIVERSIFICATION OF PARAMETER SETS; MECHANICS OF TRADING SYSTEM DIVERSIFICATION; PSYCHOLOGY OF TRADING SYSTEM DIVERSIFICATION 327 $aChapter 10: Discretion and Systems Trading 330 $aA wide variety of flexible trading systems that combine sophisticated technical analysis with trading psychology theoryMechanical Trading Systems examines the development process for choosing and using mechanical trading systems in conjunction with trader psychology. This book discusses the advantages and disadvantages of mechanical trading systems; the dangers in system development and how to avoid them; the optimal methods for back-testing trading systems; position sizing and other risk quantification tools; and methods of improving rates of return on investments without significantly in 410 0$aWiley trading. 606 $aInvestment analysis 606 $aSpeculation 608 $aElectronic books. 615 0$aInvestment analysis. 615 0$aSpeculation. 676 $a332.63/2042 700 $aWeissman$b Richard L$0907504 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910449781003321 996 $aMechanical trading systems$92258245 997 $aUNINA