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Books : The Encyclopedia of Trading Strategies

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Rating: 2 out of 5 stars - Too Technical for Me
The Encyclopedia of Trading Strategies is well written and is a good book if you are looking for something very technical and mechanical. I was disappointed with the book. I thought it would offer chart set ups or set ups per technical indicators. Instead, it offered codes, etc for setting up mechanical systems.




Rating: 5 out of 5 stars - Research oriented traders, read this one!!
Wow! For the research oriented person, this book is great! Not
only does it go over large variety of different approaches
to the commodities market, but the authors let you know the
pitfalls and traps to various methods of evaluating the markets.
The book is written in a concise manner that allows quick naviagation
and further study of any desired topics. The authors have
documented their sources well and really covered a lot of ground!
A *must* read for traders! *AND* I was interested in
the companion CD, called the number listed on the web site
and got to speak with one of the authors! He was very helpful
and answered all my questions right away! You can't beat
that for service with a book!



Rating: 5 out of 5 stars - Best Book on Building Trading Strategies
This is by far the most complete and advanced work I've read on the subject. However, read Robert Pardo's "Design, Testing, and Optimization of Trading Systems" first if you are new to backtesting.



Rating: 5 out of 5 stars - A must read for strategy traders
This is a good book. Everyone who is thinking about trading and/or is trading already should get a copy of the book. There isn't any "holy grail" strategy in this book, by the way. Rather, this book is about teaching how all these different indicators have performed under strict test conditions and unveils some of the mysteries about different strategies that people have talked about over the years. IMO, the author's work can be the basis of a great system. The first step has already been taken by the author, and you just have to elaborate it to add your flair and style. Happy trading!



Rating: 5 out of 5 stars - Real value!
I was new to the topic of automated trading systems when I purchased this book. If it is your case, I can tell you that this is the place you want to start. why? Because it will teach you the truth about system development and give you a scientific perspective on the topic. No promises, no blabla you will be rich in 2 weeks. You will realize that there is a lot of work to do to get there, and the book will help you enter this great subject with smooth.
In short: no promises, only scientific realities on how to take out profits from the markets.



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Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

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