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Building Winning Trading Systems with TradeStation

Building Winning Trading Systems with TradeStation

List Price: $85.00
Your Price: $59.50
Product Info Reviews

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Rating: 4 stars
Summary: Comments from Author
Review: John Hill and I wrote this book to help educate users of TradeStation's EasyLanguage. The first few chapters introduce the reader to the fundamentals of programming with EasyLanguage. These chapters cover data types, if - then and other decision constructs and overall EasyLanguage program structure. The book then moves into the analysis of trading system performance and optimization. Real world trading systems are introduced as tutorials. These systems aren't just simple moving averages, but sophisticated examples of the proper use of EasyLanguage. The daytrade system that is included demonstrates the use of multiple data streams and intraday position monitoring. The other systems include trend following, break out and zone analysis methodologies. Other programming topics such as modular programming, debugging and input/output are also touched upon. The book finishes up with interviews of some of the best known system vendors in the industry today. All EasyLanguage code (6.0 and 2000i) is included on CD.

Rating: 1 stars
Summary: Just get the free EasyLanguage manual from TradeStation
Review: Much of the text here is already covered in TradeStation's free EasyLanguage reference. The book is sloppily written and edited, and the coding style leaves much to be desired. It is a weird combination of EasyLanguage syntax, trader interviews (get Market Wizards series instead), and a few "winning" trading systems, which really are not winners at all. Basically, the text was cobbled together without any underlying insights into how to really build winning trading systems.

Rating: 2 stars
Summary: Fails to live up to expectations or its price
Review: The information about TradeStation is easily replaced with the manuals available from the company. The trading systems included have some interesting features, but the design and analysis is far inferior to what you'll find in, say, Conway & Behle's "Professional Stock Trading: System Design and Automation". And the editing of the text is very sloppy. This would be a decent value were it a $30 paperback, but as a premium priced book it dissapoints. There are much better ways to spend this much money on books about stock trading.

Rating: 4 stars
Summary: Very helpful, but badly edited
Review: The systems are very good.
You will of course need to tune them, but I am generally very impressed.
The prose is also very good, and I have much better insight about how to design systems like this.

The only downside is that the code fragments in the book
1) are not available for download on the web, which is just silly in this day and age;
2) are very poorly edited; they contain syntax errors and obvious bugs.

So poor technical editing, but great content.

Rating: 5 stars
Summary: Know when to invest!
Review: When the two biggest names in system tracking get together to write a book, a prudent investor buys.
For the price of a few commissions, this writing has substance.
This is one of the few books that not only demonstrates varias trading systems, but provides one with a CD to download the material!
The systems alone could sell for thousands of dollars apiece.
When the professionals give you this much information, buy.

Robert Estill
Former NBC Sportscaster
Current Active Trader

Rating: 5 stars
Summary: Know when to invest!
Review: When the two biggest names in system tracking get together to write a book, a prudent investor buys.
For the price of a few commissions, this writing has substance.
This is one of the few books that not only demonstrates varias trading systems, but provides one with a CD to download the material!
The systems alone could sell for thousands of dollars apiece.
When the professionals give you this much information, buy.

Robert Estill
Former NBC Sportscaster
Current Active Trader


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