Product Description

"Creating and following a strategy can give a trader the edge they need to be successful in the markets." - Gary Ford This is the first book on developing and back-testing systems trading strategies to be used whilst spread betting. The book details the cycle of choosing instruments, designing strategies, back-testing and the real-time trading of those systems and includes many real-life examples. This book details an end-to-end approach covering all of the aspects required to implement and maintain a trading system. The focus of the text is the independent trader, providing them with the information they need to use readily available tools to develop and trade a professional system. The book starts by arguing the case for the use of trading systems and spread betting and moves on to look at the details of selecting instruments, choosing the most appropriate spread betting firm and the right trading software and platform. Ford looks at money & account management and black box systems then describes in in detail the processes involved in the development of a strategy, including back-testing and optimisation. This book is a must-read for anyone looking to develop a systematic approach to their trading and take their spread betting to another level.

Product Details

• Amazon Sales Rank: #61552 in Books
• Published on: 2008-12-08
• Original language: English
• Number of items: 1
• Binding: Paperback
• 269 pages

About the Author
Gary Ford is a successful investor who tired of spending each day following market moves and searched for a way to remove the constant monitoring and emotion from his trading. Over the years Gary has developed several discretionary trading techniques but prefers the simplicity and effectiveness of systems trading.Before becoming immersed in the world of trading, Gary obtained an honours degree in Computer Systems Engineering, the achievement of IET Chartered Engineer and spent over a decade designing, deploying and testing mission-critical IT platforms.

Customer Reviews

Not very good
The author uses a program called ninjatrader, which is hard to get historical data for and so all his backtesting you cannot (or hard to) do unless you trade forex or US stocks.

Useful but not really for Spread Betting.
I think if the title had been "Systems Trading for Financial Markets", or even "Systems Trading Using Ninjatrader" it may have made more sense. The link to spreadbetting is a bit tenuous as theres only one provider that provides a link to the Ninjatrader.

Having said that I have found it to be very useful and serendipitous, I had been spreadbetting Forex for a while and this book finally made me switch to a Forex broker and do it properly.

It is also a good primer to understanding the Ninjatrader software, which is quite a powerful trading platform that can connect to a wide range of Brokers for various instruments (such as Forex, Stocks and Futures).