Quantitative Trading. Ernest P. Chan

Quantitative Trading - Ernest P. Chan


Скачать книгу
183

      195  184

      196  185

      197  186

      198  187

      199  188

      200  189

      201  190

      202 191

      203 192

      204  193

      205  194

      206  195

      207  196

      208  197

      209  198

      210  199

      211  200

      212  201

      213  202

      214  203

      215 204

      216  205

      217 206

      218 207

      219 208

      220  209

      221  211

      222 212

      223 213

      224 214

      225 215

      226 216

      227 217

      228 218

      229 219

      230 220

      231 221

      232 222

      233 223

      234 224

      235 225

      236 226

      237 227

      238 228

      239 229

      240 230

      241 231

      242  232

      The Wiley Trading series features books by traders who have survived the market's ever changing temperament and have prospered—some by reinventing systems, others by getting back to basics. Whether a novice trader, professional, or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future.

      For a list of available titles, visit our Web site at www.WileyFinance.com.

       How to Build Your Own Algorithmic Trading Business

       Second Edition

       ERNEST P. CHAN

      Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

      Published simultaneously in Canada.

      No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.

      Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

      For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002.

      Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books. For more information about Wiley products, visit our web site at www.wiley.com.

       Library of Congress Cataloging-in-Publication Data is Available:

      ISBN 9781119800064 (hardback)

      ISBN 9781119800088 (ePDF)

      ISBN 9781119800071 (ePub)

      Cover Design: Wiley

      Cover Image: © Jobalou/Getty Images

       To my parents, Hung Yip and Ching, and to Ben and Sarah Ming.

      When I first started thinking about writing the 2nd edition, I had a measure of dread. What could I have added that would be new and interesting? After writing the first draft, I was relieved, and incredibly excited, at the prospect of sharing with you my latest knowledge, techniques, and insights, ranging from the addition of some new functions that make our PCA example run more than 10x faster, to a novel application of machine learning.

      In the 1st edition of this book, published more than a decade ago, I maintained that independent quantitative traders can beat institutional managers at their own game. Many of you have taken that advice to heart, and many retail quantitative trading communities and platforms have been built to serve just such an ambition. But does the premise still hold?

      Over the years, many readers reached out and told me how successful they have been in improving and trading the strategies I discussed in my books, and others told me how they have simply been inspired by my books to become successful traders. Our fund is invested in some of these readers,


Скачать книгу