Trading Systems and Methods

This book exposes the reader to many concepts necessary to stay in the trading game. The information is well organized and presented well. It can be "a read" but would be better pursued as a study. That means thinking through the formulas presented, getting a grip on statistics and its interpretations (all in the book). This is a book useful for system trading (which I do) and might even have an idea or two for the discretionary trader. To point an accusatory "what stupid book" finger at Kaufman for pointing out not so readily accepted ideas (i.e. moon phase, etc.) is plain silly. There are some obsolete parts, like old computer code, but the remaining 600 pages are great.I wish I would have discovered this book years ago (but maybe, I would have "not gotten it" then). It is definitely one of my must have (and often consulted) books in my trading library.