Noted Wall Street program developer Robert M. Barnes has written Trading System Analysis, which comprehensively discusses for the first time all the important factors in developing and analyzing a trading system. Included in Barnes's comprehensive book are a breakdown of the components of a trading system, including measuring and controlling risk, trading candidate selection, timing of buying and selling and portfolio management; convincing proofs of the overwhelming necessity for a valid simulation system, and the value of simulation methodology as compared to real-time trading; how new price scenarios are generated, with particular focus on three price models: random walk, sequential walk and price vector models; how new price scenarios can be more useful than historical price testing alone or even real track records; and main components of a complete trading system, from risk and initial capital considerations to real-time trading and portfolio administration.
- ISBN10 0786310987
- ISBN13 9780786310982
- Publish Date 1 January 1997
- Publish Status Out of Print
- Out of Print 5 April 2008
- Publish Country US
- Publisher McGraw-Hill Education - Europe
- Imprint McGraw-Hill Inc.,US
- Format Hardcover
- Pages 275
- Language English