Perry Kaufman – Smarter Trading
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Perry Kaufman is one of the most famous persons in today’s professional stock, bond, and futures trading. In this book, the author describes the financial pros cope with financial market doubt by creating a “robust” trading model that adapts rapidly to market changes and yields stronger, more expected results. As well as, he explains how to make sense of the present barrage of complicated, hi-tech trading technologies – neural networks, fuzzy logic, expert systems, chaos, and fractals, to give name a few – and bring into line these weapons with their own trading strategies.
The whole treatise of Kaufman on RISK is truly worth the price of the book. If you want to understand risk and its effect on your psychology, then you will find it as an important and very valuable treatise. He contributes a lot job on the subject. In addition, it includes the Adaptive Moving Average algorithm.
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