文档介绍：Professional Stock Trading
System Design and Automation
FIRST EDITION
With 140 Chart Examples
MARK R. CONWAY
AARON N. BEHLE
We shape our buildings,
and afterwards
Our buildings shape us.
Winston Churchill
Preface
The most prehensible thing
About the world is that
It is at prehensible.
Albert Einstein
The beginning of a trading career is filled with excitement — independence,
freedom, and the potential to make money. After building up a starting stake
and reading as many books about the market as possible, the new trader is ready
to wade into an ocean of stocks with a raft of ideas. As the trader soon discovers,
however, a good idea does not always translate into a good trade. A long string
of losing trades will have the trader jumping from one idea to another without
realizing that having a "system" is just a single cornerstone of trading ess.
The most popular trading books focus on technical analysis and pattern
identification, suggesting an underlying order to the stock market. Unless the
trader has a framework for trading these patterns, the process of trading can be
both subjective and overwhelming. When certain patterns stop working, the
trader will abandon them just before they resume working again, resulting in a
never-ending quest for profits.
This is the first book to give a trader plete, automated framework for
trading stocks: a model that passes money management, position sizing,
order entry, and a set of trading systems. Nothing is left to chance during the
execution process, while the trader is freed to create. The model imposes disci-
pline on the mechanics of trading, not on the creative aspects of system design.
The reader should have several years of trading experience and a background
in technical analysis. Proficiency in either trading systems development with a
language such as EasyLanguage® or software development using puter
programming language such as Visual Basic plete the experience.
Chapter 1