Rating: 
Summary: A Complete Insight Into Encyclopedia of Trading Strategies
Review: The Encyclopedia Of Trading Strategies provides a solid foundation for developing the skills and knowledge base to develop one's own set of quantifiable trading rules and for developing a reliable trading "system." The book begins laying the foundation with a description of the tools necessary to construct a system. Data -- the cleaner, naturally, the better -- is the point of departure. A discussion of simulators -- software that allows you to simulate trading -- ensues and walks you through the mechanics of interpreting output and determining their reliability and power. A discussion of optimizers, or tools that find the best possible solutions to a problem follows, critically describing the major types of optimization and products available and how to achieve success, or failure, in their implementation. Statistics for systems analysis are the next tool detailed. Without statistics, there is no way of knowing whether the profits (or losses) resulting from a tested system are real, an artifact of sampling or chance. With the tools required for systems testing in place, the book launches into the discussion of its primary focus, the study of entries and exits. Ultimately, and deceptively simply, a trading system is nothing more than a system of entries and exits (at a profit or at a loss). The Encyclopedia of Trading Strategies is something of a misnomer in that the title leaves the impression that one will find a catalogue of trading strategies and methods that the reader can scrutinize to extract specific techniques and use as a reference guide. In fact, the book provides the framework and background-knowledge necessary to design, test and analyze one's own trading system and could have as easily been dubbed A Primer On Developing Trading Systems.
Rating: 
Summary: Best book on the subject I've read so far
Review: This book is a review of trading strategies tested by the authors. Those strategies range from simple moving average crossing to neural networks- and genetic algorithms- based. The approach is simple - try all possible strategies and see how do they work. In this, the book under review is different from other books I've read - it cuts the discussion to the minimum and goes straight to the facts. I beleive that anybody who thinks of a building a automated trading system should read this book first. It may save him a valuable time of backtasting all the strategies and allow to concentrate on the most promising ones. Having said this, I took away one star because the C code snippets given in the book use some proprietary libraries and are mostly useless. In some parts, the authors skip the valuable details that will make you ask "why" a number of times as you read on.
Rating: 
Summary: One of the very best out there
Review: This book is one of the best trading books ever published. It provides a very systematic and scientific approach of evaluating entry and exit techniques across a diversified futures portfolio. It presents by far the most rigorous and sound methodology of evaluating trading system robustness. The section on the use of statistical analysis to evaluate model validity is easily worth the price of the book. The authors did an excellent job defining the correct way of optimizing system parameters. The part on exit techniques is also impressive. It contains a methodology on the development of exit strategies and presents many exit techniques. Overall, the book is packed with a wealth of information. Every time I re-read a chapter I find a new gem. I strongly recommend this book to all mechanical system traders, especially those trading diversified commodity portfolios.
Rating:
Summary: One of the very best out there
Review: This book is one of the best trading books ever published. It provides a very systematic and scientific approach of evaluating entry and exit techniques across a diversified futures portfolio. It presents by far the most rigorous and sound methodology of evaluating trading system robustness. The section on the use of statistical analysis to evaluate model validity is easily worth the price of the book. The authors did an excellent job defining the correct way of optimizing system parameters. The part on exit techniques is also impressive. It contains a methodology on the development of exit strategies and presents many exit techniques. Overall, the book is packed with a wealth of information. Every time I re-read a chapter I find a new gem. I strongly recommend this book to all mechanical system traders, especially those trading diversified commodity portfolios.
Rating:
Summary: Good overview of trading strategies
Review: This book is well written and gives a good overview of most of the popular trading strategies. Both entry methods and exit methods are discussed. The various strategies are classified and then analyzed and back tested one by one in the following chapters. Other issues such as statistical testing and optimization are also covered. However, this book does not provide details, such as statistical background, theory on genetic optimization, neural nets, etc. But then I guess that would be asking for a lot in one book. If you are developing a trading system I would suggest you start with this book as it will save you a lot of time..........................
Rating:
Summary: I am quite impressed ..
Review: This is a great book if one wants to build a trading system starting from writing the code with a language such as C++. Especially given the fact that one can order the software from the author. The book also examines some of the most common trading strategies. However, having reviewed other books on this topic and given the title describes the book as an 'Encyclopedia of Trading Strategies", it would be a useful book but not all-encompassing as one may hope. Overall a useful book, particularly for programmers. As a book on trading strategies it does give some valuable insights but other books on the topic have to be reviewed as well..
Rating:
Summary: At last I found an excellent trading book!
Review: This is the best trading book I have ever read, number one in my trading library. This book not only tells why most trading systems fail, but also shows the best way how to develop winning trading systems. Its honest handling of the truth, its methodical, scientific approach to solving the traders' dream makes this book the king of all.
Rating:
Summary: At last I found an excellent trading book!
Review: This is the best trading book I have ever read, number one in my trading library. This book not only tells why most trading systems fail, but also shows the best way how to develop winning trading systems. Its honest handling of the truth, its methodical, scientific approach to solving the traders' dream makes this book the king of all.
Rating: 
Summary: Better Texts Out There
Review: This was is one of the many trading books I have recently received as a gift. As the title suggests, I expected it to be an encyclopedia of trading strategies. Instead, I found a limited set of strategies that had been tested by the authors and their results. I don't doubt that their research is helpful, but if you're looking for something a bit more encyclopedic check out Kaufman's Trading Systems and Methods. Personally, I'm returning my copy. Additionally, if you are a Tradestation user, I recommend Kaufman's book because it contains EasyLanguage code for the indicators. The Encyclopedia of Trading strategies gives code in C++.
Rating:
Summary: Worth a look
Review: When you begin studying the markets learning how to trade, you investigate many trading strategies. Your investigations lead you to develop a trading style, one unique to you, one that works for you. If you are serious about developing a trading system, consider buying this book and its companion CD. You can reproduce the results, modify the routines and expand the strategies in ways to suit your trading style tastes. It sure beats reinventing the wheel! Thomas N. Bulkowski, author of the other Encyclopedia book: "Encyclopedia of Chart Patterns" (Wiley, 2000) and "Trading Classic Chart Patterns" (Wiley, due in spring 2002)
| 
