{"product_id":"quantitative-trading-2nd-edition-how-to-build-your-own-algorithmic-trading-business-by-ernest-p-chan-hardcover","title":"Quantitative Trading, 2nd Edition: How to Build Your Own Algorithmic Trading Business by Ernest P. Chan | Hardcover","description":"\u003cp\u003eMost books on algorithmic trading are either academic finance or marketing for a signal service. \u003cstrong\u003eQuantitative Trading\u003c\/strong\u003e is neither: it is a working account of how one person sets up a small systematic trading operation, written by someone who left institutional quant work to do exactly that.\u003c\/p\u003e\u003ch3\u003eWhat the book covers\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003eFinding and evaluating trading strategy ideas, and where they actually come from\u003c\/li\u003e\n\u003cli\u003eBacktesting method, and the biases — survivorship, look-ahead, data-snooping — that make a backtest lie\u003c\/li\u003e\n\u003cli\u003eChoosing brokers, data sources and execution platforms as an independent trader\u003c\/li\u003e\n\u003cli\u003ePosition sizing, the Kelly criterion, and money management\u003c\/li\u003e\n\u003cli\u003eRisk management, drawdown control, and knowing when a strategy has stopped working\u003c\/li\u003e\n\u003cli\u003eMean reversion and momentum strategies with concrete examples\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eWho it’s for\u003c\/h3\u003e\u003cp\u003eIndependent traders moving from discretionary to systematic methods, quantitatively minded programmers exploring markets, and finance students who want the operational reality rather than the theory.\u003c\/p\u003e\u003ch3\u003eEdition details\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eISBN-13:\u003c\/strong\u003e 9781119800064\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eEdition:\u003c\/strong\u003e 2nd Edition\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFormat:\u003c\/strong\u003e Hardcover\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAuthor:\u003c\/strong\u003e Ernest P. Chan\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSeries:\u003c\/strong\u003e Wiley Trading\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePublisher:\u003c\/strong\u003e John Wiley \u0026amp; Sons\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLanguage:\u003c\/strong\u003e English\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eShips free within the United States from Shelfcove.\u003c\/p\u003e","brand":"Aksha","offers":[{"title":"Default Title","offer_id":48940598722721,"sku":"SCV-48301509214260","price":33.9,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0735\/5328\/1185\/files\/quantitative-trading-ernie-chan-2nd-edition-9781119800064.jpg?v=1794232777","url":"https:\/\/bookmart24.com\/products\/quantitative-trading-2nd-edition-how-to-build-your-own-algorithmic-trading-business-by-ernest-p-chan-hardcover","provider":"Bookmart24","version":"1.0","type":"link"}