{"product_id":"algorithmic-trading-1","title":"Algorithmic Trading","description":"\u003ch4 data-section-id=\"da8d7w\" data-start=\"0\" data-end=\"21\"\u003eDetailed Overview:\u003c\/h4\u003e\n\u003cp data-start=\"23\" data-end=\"486\"\u003e\u003cem data-start=\"23\" data-end=\"84\"\u003eAlgorithmic Trading: Winning Strategies and Their Rationale\u003c\/em\u003e by Ernest P. Chan is a highly respected guide in the field of quantitative finance and systematic trading. The book is designed to bridge the gap between academic trading theory and real-world implementation, making it valuable for both beginners and experienced traders. It focuses on practical, data-driven trading strategies that can be implemented using statistical models and algorithmic systems.\u003c\/p\u003e\n\u003cp data-start=\"488\" data-end=\"939\"\u003eErnest P. Chan explains how professional traders design, test, and deploy automated trading strategies across different asset classes, including equities, futures, and forex. The book emphasizes the importance of backtesting, risk management, and strategy validation to ensure long-term profitability. It also explores the psychological pitfalls of discretionary trading and highlights how algorithmic systems help eliminate emotional decision-making.\u003c\/p\u003e\n\u003cp data-start=\"941\" data-end=\"1293\"\u003eReaders gain insight into mean reversion strategies, momentum trading, and statistical arbitrage, along with the rationale behind why these strategies work in financial markets. The author also discusses infrastructure considerations, including data handling, execution systems, and transaction costs, which are critical for real-world trading success.\u003c\/p\u003e\n\u003cp data-start=\"1295\" data-end=\"1511\"\u003eOverall, this book serves as a foundational resource for anyone interested in building a systematic trading career or developing algorithmic trading strategies backed by solid financial theory and empirical evidence.\u003c\/p\u003e\n\u003ch4 data-section-id=\"1xpzayd\" data-start=\"3128\" data-end=\"3146\"\u003eProduct Details:\u003c\/h4\u003e\n\u003cp data-start=\"1295\" data-end=\"1511\"\u003e\u003cstrong\u003eTitle\u003c\/strong\u003e: Algorithmic Trading: Winning Strategies and Their Rationale (Wiley Trading)\u003cbr data-start=\"82\" data-end=\"85\"\u003e\u003cstrong\u003eAuthor\u003c\/strong\u003e: Ernest P. Chan\u003cbr data-start=\"107\" data-end=\"110\"\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9780470284880\u003cbr data-start=\"132\" data-end=\"135\"\u003e\u003cstrong\u003eISBN-10\u003c\/strong\u003e: 0470284889\u003cbr data-start=\"154\" data-end=\"157\"\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Wiley\u003cbr data-start=\"173\" data-end=\"176\"\u003e\u003cstrong\u003eBinding\u003c\/strong\u003e: Hardcover\u003cbr data-start=\"194\" data-end=\"197\"\u003e\u003cstrong\u003eNo of Pages\u003c\/strong\u003e: 240\u003cbr data-start=\"213\" data-end=\"216\"\u003e\u003cstrong\u003eLanguage\u003c\/strong\u003e: English\u003cbr data-start=\"233\" data-end=\"236\"\u003e\u003cstrong\u003ePublisher Date\u003c\/strong\u003e: 2008\u003c\/p\u003e","brand":"The Books Empire","offers":[{"title":"Default Title","offer_id":47889019404453,"sku":null,"price":44.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0761\/2206\/3013\/files\/trading.jpg?v=1780766850","url":"https:\/\/thebooksempire.com\/products\/algorithmic-trading-1","provider":"The Books Empire","version":"1.0","type":"link"}