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Trading Books: Trading Systems and Money Management: A Guide to Trading and Profiting in Any Market

Author:  Thomas Stridsman
Publisher: McGraw-Hill Education
Year: 2003

Topics Covered:

  • How to Evaluate System
  • Costs of Trading
  • Calculating Profit
  • Probability and Percent of Profitable Trades
  • Risk
  • Drawdown And Losses
  • Quality Data
  • Trading System and Development
  • TradeStation Coding
  • Relative Strength Bands
  • Volume-Weighed Average
  • Evaluating System Performance
  • Distribution of Trades
  • Placing Stops
  • Expert Exits
  • Systems as Filters
  • Evaluating Stops and Exits
  • Combined Money Market Strategies

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Trading Book Review_Trading Systems and Money Management_Thomas Stridsman

Trading Book Review of ‘Trading Systems and Money Management: A Guide to Trading and Profiting in Any Market’ by Thomas Stridsman:

This trading book is quite technical that went a long way towards shaping my approach to trading system development and optimization. If you want to learn more about backtesting, optimization and quantitative trading strategies, this is the book you need. 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!