Encyclopedia of trading strategies. D. Kats, D. McCormick.
As its title suggests, the book "Encyclopedia of Trading Strategies" is designed for
traders in the forex and stock markets. Its authors adopted an approach that allows anyone to use a ready-made strategy or create their own trading system.
The textbook describes various market entry and exit options, including the most exotic ones.
Examples of using mechanical trading systems in trading are provided, along with practical tests of their effectiveness.
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 from one of the online stores
