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Do any of the books go into detail explaining how and why successful strategies worked? Historically that is. I wouldn't expect any strategies outlined in a boo
by splike 11y ago
Do any of the books go into detail explaining how and why successful strategies worked? Historically that is. I wouldn't expect any strategies outlined in a book to be profitable today, but I would be interested in how a strategy was formalised.
- gbersac 11y agoTotally agree. A description of his model and how he created it would be awesome ! By the I really enjoyed dark pools. No practical knowledge, but a pleasure to read.
- evanpw 11y agoI've found this blog to be really excellent: https://mechanicalmarkets.wordpress.com https://mechanicalmarkets.wordpress.com. Example: https://mechanicalmarkets.wordpress.com/2015/04/30/market-data-patterns-order-anticipation-and-an-example-trading-strategy/ https://mechanicalmarkets.wordpress.com/2015/04/30/market-da...
- darkmighty 11y agoI prefer to pick that sort of thing up from mathematical texts or a textbook. The principles are pretty simple from a probabilistic perspective: it's just a matter of making inferences from the available information and choosing an optimal course of action from that. Information theory provides a nice framework for this basis, imo. You can find this introduction (including topics like Kelly's criterion etc) in Cover's Elements of Information Theory, a good introduction to information theory in general if you like. https://en.wikipedia.org/wiki/Gambling_and_information_theory https://en.wikipedia.org/wiki/Gambling_and_information_theor...