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  1. cafeole

    Book recommedations on Algo trading and backtesting

    I was trying to be funny. Today is Thanksgiving. We just moved to another state last week and I haven't had a moment to explore the books and try to implement anything.
  2. cafeole

    Book recommedations on Algo trading and backtesting

    I made more today than ever.
  3. cafeole

    My stab at an automated trading system

    Check out his website for a lot of the info in the book. http://blueowlpress.com/system-development/
  4. cafeole

    My stab at an automated trading system

    ValeryN has an automated trading journal and recommended Bandy. This book is an abbreviated version of his Quantitative Technical Analysis book.
  5. cafeole

    My stab at an automated trading system

    I recommend reading Foundations of Trading by Howard Bandy. I just finished it and it was a real eye opener for me. It is a cheap book, to boot.
  6. cafeole

    Sierrachart or Ninja for day trading stocks?

    If you want ATM with ninja, you have to pay almost $1000 for the software. You can't place an order with preset target and stops without paying.
  7. cafeole

    Rundown on Al Brook's Trading Room

    I agree. I tried it for 1 month. I didn't care for it at all. I learned nothing more than what is in his training material.
  8. cafeole

    From Micros to Millions: 2% per day

    For me, this year showed I don't have a plan for manual trading that works. I have decided to work on algos that I may or may not automate. For now I would be happy with swing signals that I can enter with my broker. I have a lot of work to do on an algo trading system, but I like that kind of...
  9. cafeole

    Book recommedations on Algo trading and backtesting

    He points out that the Turtle method worked in an environment of higher inefficiencies in the market. Today's markets are are much more efficient. He actually says the Turtle method will not work today. He is also mostly talking about machine learning algos. They DO need stationary data to...
  10. cafeole

    Book recommedations on Algo trading and backtesting

    lt seems that walk forward testing with intervals equal to OOS interval (as he mentions in his book) might mitigate it as much as you can. Anyway, thanks for the clarification, Val.
  11. cafeole

    Book recommedations on Algo trading and backtesting

    I just finished Foundations of Trading by Bandy. What an eye opener. Completely changed my view of backtesting. He introduced me to the term "stationarity". Price over time is NOT stationary but most algorithms requite the data to be stationary. That is why he strongly rejects backtesting over...
  12. cafeole

    Book recommedations on Algo trading and backtesting

    It turns out that the above book is a smaller version of his "Quantitative Technical Analysis" book. It is 161 pages, but, as far as I have read, leaves out the details of his larger book.
  13. cafeole

    Book recommedations on Algo trading and backtesting

    Thanks goes to ValeryN for the recommendation of Howarhid Bandy. I found this book for Kindle for $2.99. It really speaks to me as I am a retired engineer. Foundations of Trading: Developing Profitable Trading Systems using Scientific Techniques Howard Bandy
  14. cafeole

    Book recommedations on Algo trading and backtesting

    Thanks, ValeryN. That helps.
  15. cafeole

    Book recommedations on Algo trading and backtesting

    I do have a lot more experience writing software than trading. However, I prefer not to reinvent the wheel. I am considering purchasing AmiBroker for backtesting.
  16. cafeole

    Book recommedations on Algo trading and backtesting

    I saw your comment on another thread and have already ordered the book. Thanks.
  17. cafeole

    Book recommedations on Algo trading and backtesting

    I don't mind advanced if the info I am looking for is there. If you had to get just one, which one would you recommend?
  18. cafeole

    Book recommedations on Algo trading and backtesting

    Thanks for the recommendations. I have been following your journal with interest. Thanks for sharing. It is what inspired me to start looking seriously into algo. BTW, I bought the Bensdorp book per your journal. I like it very much.
  19. cafeole

    Book recommedations on Algo trading and backtesting

    I have 2 of Ernest Chan's books on Algo Trading (I do not have Machine Trading). I am looking for a book more on the practical side of developing a trading app for providing trading signals. I am looking at the following two books: Trading Systems and Methods (Wiley Trading) 6th Edition by...
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