Seven Trading Systems for the S&P Futures by David Bean

Summary

The biggest strength of this book is its focus on testing trading systems empirically. The biggest weakness is the lack of readability. Those who use gaps in their trading will find this book useful, and system writers themselves may get some good ideas on their own just by reading this book. For what it offers, this book is a bargain. For those who remember the days of $3000 trading systems that collapsed upon purchase (or were totally made up insider the so-called trader’s head), this book will be reminder of just how far we’ve come.


Book Information

Seven Trading Systems for the S&P Futures
Capstone Trading, 2010
Written by David Bean

Rating

Useful
Original
Readable
Average

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Anatomy of $SPY on First Trading Day of the Month by Kora Reddy

Summary

Empirical traders who like Lawrence Chan’s quantitative analysis of trading systems at his daytradingbias.com will like this book enough to keep it handy. Kora Reddy has done us daytraders a great service by showing what makes trading systems tick. Success comes not in blindly following systems but in understanding how and why those systems work. Such knowledge comes through hard work. All in all, this is one of the best trading books of the last decade and, despite its peccadilloes, one of the best all-time daytrading books period. Active SPY traders who buy it and then let it collect dust will be doing so at their own risk!


Book Information

Anatomy of $SPY on First Trading Day of the Month
Written by Kora Reddy
self-published book, 2013

Rating

Useful
Original
Readable
Average

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