Smarter Trading: Improving Performance in Changing Markets

Perry Kaufman9780070340022, 0070340021

As a direct result of economic globalization and computerized trading, today’s professional stock, bond, and futures traders face a career-making – or breaking – challenge: to track and immediately comprehend the bewildering place of market, volume, and price changes, then some how profit from this unexpected volatility. In Smarter Trading distinguished author and trader Perry Kaufman helps harried financial pros cope with financial market uncertainty by creating a “robust” trading model that adapts quickly to market changes and yields stronger, more predictable results. And he shows them how to make sense of the current barrage of sophisticated, hi-tech trading technologies – neural networks, fuzzy logic, expert systems, chaos, and fractals, to name a few – and align these weapons with their own trading strategies.