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Professional Stock Trading: System Design and Automation

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Title: Professional Stock Trading: System Design and Automation
by Mark R. Conway, Aaron N. Behle
ISBN: 0971853649
Publisher: Acme Trader
Pub. Date: July, 2002
Format: Hardcover
Volumes: 1
List Price(USD): $64.95
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Average Customer Rating: 4.89

Customer Reviews

Rating: 5
Summary: If U want to venture into the world of tradestation
Comment: From the preface of this book by the authors.
"The reader should have several years of trading experience and a background in technical analysis. Proficiency in either trading system development with languages such as Easy Language or software develpment using a computer pogramming language such as visual basic will complete the expeience."
This book in addition to "Trading Systems and Methods" and others web sites that sells you systems in Easy Language code and the 5 weeks that you need to learn how to use Trade Station.

Rating: 5
Summary: Skip the rest...this book is the real deal...
Comment: It's as if these authors came into my firm and took a full inventory of our needs and frustrations. I've never seen a more organized package of what's important. It's all there.

I've read over 100 books...Stridsman, Kaufman, Crabel, Conners, Geitzen, Murphy, Balsara, Vince, Kase, Zweig, Demark, Tharp, etc. At this point I must bump Stridsman's book down to second place. Professional Stock Trading is a real difference-maker.

If you want to make it as a trader buy this book and UNDERSTAND the significance of position sizing and relative volatility measures.

This book is outstanding.

Rating: 5
Summary: Excellent, excellent
Comment: I purchased this book because I had read that it was an excellent source of TradeStation EasyLanguage code. That is true. But more importantly (in my humble opinion) is that you get to see how two professionals approach the markets. I have been more interested in how they are doing things like setting stops or taking entries than in the actual systems. If anything their systems are similar to how I have approached the markets - breakouts, pullbacks, patterns and sentiment trading and a few others. Each system's logic is explained in great detail and with clarity; the code is right there if you want to put it right into TradeStation; other useful tools like TradeManager and GetShares functions will be very beneficial to my trading. Overall, I can see this being a very useful book that takes the a lot of the mystery out of writing EasyLanguage functions for TradeStation. I highly recommend this book; it is packed with tons of useful information and the most insightful information may be in the code itself.

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