发表于2025-01-10
Following the Trend 2025 pdf epub mobi 电子书
图书标签: 交易 趋势跟踪 金融 投资 英文原版 Finance 金融技术 Quant
During bull and bear markets, there is a group of hedge funds and professional traders which have been consistently outperforming traditional investment strategies for the past 30 odd years. They have shown remarkable uncorrelated performance and in the great bear market of 2008 they had record gains. These traders are highly secretive about their proprietary trading algorithms and often employ top PhDs in their research teams. Yet, it is possible to replicate their trading performance with relatively simplistic models. These traders are trend following cross asset futures managers, also known as CTAs. Many books are written about them but none explain their strategies in such detail as to enable the reader to emulate their success and create their own trend following trading business, until now. Following the Trend explains why most hopefuls fail by focusing on the wrong things, such as buy and sell rules, and teaches the truly important parts of trend following. Trading everything from the Nasdaq index and T-bills to currency crosses, platinum and live hogs, there are large gains to be made regardless of the state of the economy or stock markets. By analysing year by year trend following performance and attribution the reader will be able to build a deep understanding of what it is like to trade futures in large scale and where the real problems and opportunities lay. Written by experienced hedge fund manager Andreas Clenow, this book provides a comprehensive insight into the strategies behind the booming trend following futures industry from the perspective of a market participant. The strategies behind the success of this industry are explained in great detail, including complete trading rules and instructions for how to replicate the performance of successful hedge funds. You are in for a potentially highly profitable roller coaster ride with this hard and honest look at the positive as well as the negative sides of trend following.
Decode the performance of trend following strategies in different markets and years. I like the method he used in reverse engineering.
评分Decode the performance of trend following strategies in different markets and years. I like the method he used in reverse engineering.
评分总的来说应该还是偏实战的一本书吧。可能作者是技术出生,所以在整本书的编辑上很糟糕,尤其文字太小,把我眼睛都看疼了。在看了前面10多页的时候,我心想这一定是一本五星的书,可是看着看着作者就让读者去忽悠钱搞基金,你丫我还没能稳定盈利怎么可能去害别人。 书里给出了一套交易策略,并针对不同市场不同时间做了详细的回测。策略大概就是用两天MA选择多空方向,突破决定买卖点位,加上资金管理和跟踪止损的一套系统。 后面我就没仔细看了,不是说不好,只是因为我个人性格原因,趋势跟踪回撤太大,我心里承受不了,不适合我。或许等我稳定获利之后再重读会有不一样的收获。
评分Decode the performance of trend following strategies in different markets and years. I like the method he used in reverse engineering.
评分本书中的趋势跟踪方法并不适合所有人,尤其是在执行阶段。 虽然原理和方法都很简单,但能够稳定盈利,甚至在不利的情况下坚持下来实属不易。这是为什么只有少数人能取得成功。精华是22年交易的简评以及策略表现。至少对大多数交易者有借鉴意义的,不管自己用的是哪种方法。本书中文版将在6月出版。
Following the Trend 2025 pdf epub mobi 电子书