(Read free ebook) Maximum Adverse Excursion: Analyzing Price Fluctuations for Trading Management (Wiley Trader's Exchange)
·•●- John Sweeney ·•●-
#1427656 in eBooks 2008-05-02 2008-05-02File Name: B000WCNSKA
7 of 11 people found the following review helpful. A good start but...By Ronaldo A. CarballoWarning: Read book very slowly The concept requires total concentration-while reading in order to throughly understand MAE. The idea is a sound one but requires that the reader provides a working system AND is able to backtest it. Otherwise, the reader is left with a concept that on paper makes sense but it is very hard to implement into his/her trading system.8 of 11 people found the following review heFrom the PublisherMaximum Adverse Excursion (MAE) replaces emotionally-biased guesswork with statistical calculations that enable traders to quantitatively define the loss point. Using MAE, they can pinpoint the amount of any potential loss before they implement their trading decisions, thus avoidiThe first comprehensive guide on maximum adverse excursion -- a powerful new tool for dramatically lessening trading risks "Trading successfully, like everything else, is built upon solid preparation. It is the well-prepared individual who will be able to cope in today's competitive market. John Sweeney's Maximum Adverse Excursion will provide you with the steps to perform the analytical review of your trading system that you should undertake before you ever risk your capital." -- Thomas Hartl... [PDF.tm42] Maximum Adverse Excursion: Analyzing Price Fluctuations for Trading Management (Wiley Trader's Exchange) Rating: 3.61 (512 Votes)
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