Algorithmic Trading: Winning Strategies and Their Rationale (Hardcover)

Ernie Chan

  • 出版商: Wiley
  • 出版日期: 2013-05-28
  • 定價: $2,720
  • 售價: 9.5$2,584
  • 語言: 英文
  • 頁數: 224
  • 裝訂: Hardcover
  • ISBN: 1118460146
  • ISBN-13: 9781118460146
  • 相關分類: Algorithms-data-structures
  • 立即出貨 (庫存=1)

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商品描述

Praise for Algorithmic Trading

"Algorithmic Trading is an insightful book on quantitativetrading written by a seasoned practitioner. What sets this bookapart from many others in the space is the emphasis on realexamples as opposed to just theory. Concepts are not onlydescribed, they are brought to life with actual trading strategies,which give the reader insight into how and why each strategy wasdeveloped, how it was implemented, and even how it was coded. Thisbook is a valuable resource for anyone looking to create their ownsystematic trading strategies and those involved in managerselection, where the knowledge contained in this book will lead toa more informed and nuanced conversation with managers."

—DAREN SMITH, CFA, CAIA, FSA, Managing Director, ManagerSelection & Portfolio Construction, University of Toronto AssetManagement

"Using an excellent selection of mean reversion and momentumstrategies, Ernie explains the rationale behind each one, shows howto test it, how to improve it, and discusses implementation issues.His book is a careful, detailed exposition of the scientific methodapplied to strategy development. For serious retail traders, I knowof no other book that provides this range of examples and level ofdetail. His discussions of how regime changes affect strategies,and of risk management, are invaluable bonuses."

—Roger Hunter, Mathematician and AlgorithmicTrader

商品描述(中文翻譯)

《算法交易》的好評如潮。這本由一位經驗豐富的從業者所寫的關於量化交易的深入書籍,與其他許多同類書籍不同之處在於強調實際案例而非僅僅理論。概念不僅被描述,還通過實際交易策略得以生動呈現,這使讀者了解每個策略的開發原因、實施方式,甚至編碼方式。對於希望創建自己的系統化交易策略以及從事經理選擇的人來說,這本書是一個寶貴的資源,其中的知識將使他們能夠與經理進行更深入、更明確的對話。

「Ernie使用了一系列優秀的均值回歸和動量策略,解釋了每個策略的理論基礎,展示了如何測試、改進以及討論實施問題。他的書是對科學方法應用於策略開發的細緻、詳盡的闡述。對於嚴肅的零售交易者來說,我不知道還有其他書籍能夠提供如此多的案例和細節。他對制度變化如何影響策略以及風險管理的討論,是無價的附加禮物。」

- Roger Hunter,數學家和算法交易員