Trading Books: Beating the Financial Futures Market: Combining Small Biases Into Powerful Money Making Strategies
Author: Art Collins
Publisher: Wiley
Year: 2006
Topics Covered:
- The Problem with Non-Mechanical Trading
- Why Doesn’t Spontaneous Trading Work? Why Is It So Hard for Someone to Profit by Merely Using His Head?
- Identifying Simple Biases
- Close versus Closing Averages
- The Four Rules of Prudent Optimization
- Two-Day versus Five-Day Averages
- Fifty-Day Order of Extreme Highest/Lowest Closes
- Combining the First Three Basic Indicators
- Cuing Off Relative Range Sizes
- Fifteen-Day High/Low Averages
- Combining All Five Indicators
- Other Combinations of the Five Basic Indicators
- Two More Open-to-Close Biases
- Cups and Caps
- Three-Day 20 Percent Support-Resistance Indicator
- The Eight Indicator System
- Entering on Stops and Limits
- Some General Observations about Stops
- The Pros and Cons of Price Targets
- Other Applications of the Two High/Low Exit Technique
- On Further Optimization, Market Drift, and Virgin Data
- Targeting Sectors
- Index Biases Part One—Days of the Week
- Index Biases Part Two—Days of the Month
- Index Biases Part Three—Month of the Year Indicator
- Index Biases Part Four—Combining Day of Week, Monthly, and Previous Eight Indicators
- The Dow-Spoo Spread
- Intraday Day Trading Part One: The Most Significant Price in Your Arsenal
- Intraday Part Two—The Switch
- Intraday Part Three—An Effective Index Switch
- Intraday Part Four—A Financial Switch
- Intraday Part Five—Four Combined Entry Signals in the Indexes
- What to Do after Five Closes in the Same Direction
- Some Additional Fade Ideas
- Another Look at N Day and an Alternative Stop Approach
- Taking On the Axioms Part One—The RSI Indicator
- Taking On the Axioms Part Two—The Reversal Day Indicator
- Potpourri—Systems as I Discover and/or Rediscover Them—In No Particular Order
- The Six Signal Indicator
- Combining the Non–Either-Or Indicators
- Six Signals Plus Non–Either-Or—Putting It All Together
Click the image below to buy it now on Amazon:
Trading Book Review of ‘Beating the Financial Futures Market: Combining Small Biases Into Powerful Money Making Strategies’ by Art Collins:
This book was a huge influence on my own approach to systematic trading. My copy is covered in handwritten notes, learnings and realizations from my multiple readings of the book. What I loved is how Art Collins identifies and analyzes simple (but not obvious) edges in many different markets and demonstrates how to build them into complete systems. This trading book is a must-read for any systematic trader looking for ideas and inspiration for new rules and edges in the market regardless of which markets you trade. I have read it cover to cover at least 5 times! If you have other trading books that you can recommend then please leave me a comment below and I will make a review about it!