Alpha trading : profitable strategies that remove directional risk /

• Main Author: Kaufman, Perry J.
• Format: eBook
• Language: English
• Published: Hoboken, NJ : John Wiley & Sons, [2011]
• Series: Wiley trading series
• Subjects: Pairs trading.; Futures.; BUSINESS & ECONOMICS > Investments & Securities > Futures.; Electronic books.

From a leading trading systems developer, how to make profitable trades when there are no obvious trends How does a trader find alpha when markets make no sense, when price shocks cause diversification to fail, and when it seems impossible to hedge? What strategies should traders, long conditioned t...

Table of Contents:

• Alpha Trading; Contents; Preface; CHAPTER 1 Uncertainty; Impact on Trading; The Inevitable Price Shocks; Why So Much about Price Shocks?; Complexity and Contagion Risk; The Ugly Side; Taking Defensive Action; Accepting Performance for What It Is; CHAPTER 2 The Importance of Price Noise; Noise Explained; Different Markets; A Closer Look at Equity Index Markets; Importance of Noise; Determining the Strategy; Capitalizing on the Trend of Noise; CHAPTER 3 Pairs Trading: Understanding the Process; The Process; The Basics; Target Volatility; Home Builders; Using ETFs.