Encyclopedia of trading strategies. D. Kats, D. McCormick.
As is already clear from the title itself, the book Encyclopedia of Trading Strategies is intended for
traders trading in the foreign exchange and stock markets.
When creating it, the authors used such an approach that anyone has the opportunity to use a ready-made strategy or create their own trading system. The textbook describes various options for entering the market and closing existing positions, including the most exotic ones.
Examples of the use of mechanical trading systems in trading and testing of their practical performance are given.
1. Working tools – this section covers a fairly broad area, from data options used in trading to the processing of statistics obtained during the testing of trading systems.
2. Research of market entries – is perhaps the biggest topic among traders, with over two hundred pages dedicated to it in the book. You'll learn how to find Forex entry points Using oscillators or technical indicators. Also, do seasonality and lunar cycles matter when searching for the best places to open new positions?.
3. Exit Research – it is the timely closing of transactions that allows you to get maximum profit, and sometimes even prevent deposit drainIn this section, you'll learn what the most successful exit strategy is and what key elements it includes. How to improve trading efficiency by combining your own knowledge and electronic trend analysis systems.
The Encyclopedia of Trading Systems by D. Katz and D. McCormick is a classic textbook on practical trading. It offers no unnecessary discussion, only useful information.
You can download the book in one of the online stores
