Description of The New Commodity Trading Systems and Methods
Since Commodity Trading Systems and Methods was first published in 1978, the commodity futures market has undergone dramatic changes. Advances in research and a computerization of the market have created many new approaches to analyzing and forecasting price movement. This new edition critically evaluates these new technical trading systems and methods, with emphasis on each one's profitability under specific market conditions.
The New Commodity Trading Systems and Methods gives an unbiased, authoritative opinion of what trading systems work best under what market conditions, why, and how. After a brief explanation of the basic concepts of technical trading, Kaufman evaluates the various systems.
The guide also covers advanced techniques such as measuring volatility and price-volume distribution and offers practical tips on how to use personal computers in your trading efforts (you'll learn how computerized testing of a technique can lead to the wrong solution as well as the right one).
Complete with easy-to-use computer programming code, illustrations, specific formulas and rules for trading systems, and comparative performance tables for the major systems, The New Commodity Trading Systems and Methods gives you all the technical tools you need to accurately analyze and profit in today's high-leverage goods markets.
Contents of The New Commodity Trading Systems and Methods
1. Introduction
2. Basic Concepts
3. Regression Analysis
4. Moving Averages
5. Moving Average Systems
6. Momentum and Oscillators
7. Seasonal and Cyclic Analysis
8. Charting
9. Point-and-Figure Charting
10. Charting Systems
11. Spreads
12. Behavioural Techniques
13. Pattern Recognition
14. Day Trading
15. Optimization
16. Advanced Techniques
17. Practical Considerations
18. System Management
Appendixes
(i) Statistical Tables
(ii) Method of Least Squares
(iii) Matrix Solutions to Linear Equations
(iv) Trigonometric Regression for Finding Cycles
(v) Fourier Transformation
(vi) Pattern Studies
(vii) Construction of a Pentagon