Computerized Trading: Maximizing Day Trading and Overnight Profits

Mark Jurik taps into the minds of twenty experts who reveal their strategies for maximizing profitability using computerized trading systems.Unlike other books that discuss one or two of the many aspects of trading, Computerized Trading covers all of the key topics related to the trader's survival and profitability. Beginning with a discussion of the basic skills a trader needs to design a trading system, this user-friendly guide moves from advice for the novice just getting started to advanced system development and data modeling for the experienced trader. Written so even the most inexperienced trader will understand every step, the chapters combine to deliver the whole picture, including:Designing, testing, and analyzing trading strategiesCoping with the psychological pressures that accompany different trading methodsControlling risk by applying a few basic rules and formulasNegotiating the best data feed dealGetting the right data, books and softwareComplete with over 100 explanatory charts and diagrams, this book also contains several checklists to help traders monitor their progress in developing a trading system that works.