ENGLISH

Campaign Trading: Tactics and Strategies to Exploit the Markets

Book information

Publisher
John Wiley & Sons
Year
1996
ISBN
047114150X, 9780471141501
LCC
HG4515.5 .S93 1996
Open Library ID
OL971048M
Language
english
Format
PDF
Filesize
2 MB (1895417 bytes)
Series
Wiley Finance Editions
Pages
133\133
Topic
Business Trading
Library
demonoid.me
Time added
2011-04-11 19:55:47

Description

Trading systems are the strategies all technical traders use to place their trades. However, any given system is only effective for a certain amount of time, under a specific set of circumstances. Therefore, to be truly successful, traders must change their systems on a regular basis. This text discusses the impermanence and built-in obsolescence of trading systems. The author explains, using a case example, how to create a profitable trading campaign that will work for a specific financial instrument under certain circumstances for a limited period of time. Then, the system is redeveloped for the next set of circumstances. The overall aim is that the campaign never becomes obsolete as the program is constantly adjusted to meet market changes.

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