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Summary

Have you always been interested in the stock market but never had the time to work on investing in the market? Did you give your money to a friend or broker and lost everything? Well, if you answered "yes" to these questions, then you have come to the right place.  

Most traders are now keen on algorithmic trading and are shifting their focus from regular trading methods to this new method. This trading mechanism is faster, cheaper, and easier to control when compared to standard trading. You can add factors into the trading algorithm based on how you believe the market will function. You can execute complex mathematical equations in no time and make the right decision with respect to the order you place on a stock.  

Through algorithmic trading, you are no longer limited to the bandwidth offered by human beings. You end up making more money when you use algorithmic trading techniques as opposed to using manual methods. Algorithmic trading is slowly taking over the industry. A survey conducted by Ajte Group, LLC found that traded in high-frequency markets accounted for over 73 percent of the trading volume in the US stock market. That is, however, only two percent of the companies that operate in the market. This new form of trading is a very secretive industry, and there are only some people who are willing to share the secrets. This book will lay them all out in the open for you. 

This book starts off with an introduction to what algorithmic trading is and will demystify this complex subject. It will provide you with the knowledge that you can use when you trade in the market. You will also gather background information that will lead to some advanced work that is outlined by current trading algorithms. 

Throughout this book, you will learn:

  • What is algorithmic trading?
  • Different tools and strategies used in Algo trading 
  • Different trading models 
  • Where this form of trading can be used 
  • Benefits of Algo trading 
  • Choosing the right trading method 
  • Different skills required 
  • An introduction to Python 
  • Building a trading algorithm and bot in python 
  • Backtesting the trading strategy and more...
     

We will also look at the different trading strategies and assess how they work. The book also sheds light on the algorithms and how they work in the markets. You must remember that markets are very complex and random. They always exhibit unpredictable behavior. Since the markets evolve, the algorithmic trading strategy should also evolve. It is for this reason that you need to include a part of machine learning and artificial intelligence to the model when you design the algorithm.

The examples mentioned in this book are all based on Python, and there is a chapter that will introduce you to Python and help you understand the basics. So, what are you waiting for? Grab a copy of this audiobook, so you can develop your trading algorithms!

©2020 Alex Johnson (P)2020 Alex Johnson

What listeners say about Algorithmic Trading: Tips and Tricks to Learn and Win with Algorithmic Trading

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    3 out of 5 stars
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Provides good information for beginners

If you are new to algorithmic trading, this book will provide good information to get you setup and started, however in my opinion if you are a quant looking to pickup a few useful insights this is probably not the right book.

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Love it

Very straightforward and with simple trading strategies. No promises of becoming a millionaire. Written for the novice. Very enjoyable and informative read just for these reasons. Highly recommended for we novices.

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Poorly written, uneducated writer.

Though the author does have a cursory knowledge of trading algorithmically, his English is poor. The “reader” is a bot also.

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Useful

Algorithmic Trading: Tips and Tricks to Learn and Win with Algorithmic Trading
By: Alex Johnson follow this book.

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Recommended

. I would highly recommend this book for anyone interested in starting their algorithmic trading.

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Nice

Great reference for those interested in diving into algorithms Trading. The definitions are totally worth it. Online searching doesn't always make it easy for cross referencing topics, like having a book does.

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Wonderful book

Very thorough discussions. For people interested in quantitative trading, this is a book to have.

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Useful book

So nearly four and half years after writing the first review of Dr Chan's first book I am back again writing the first review for his second.

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Wonderful book

Very thorough discussions. For people interested in quantitative trading, this is a book to have.

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Great book

Expect to find and fix mistakes made on your models built based on the last book as this one gives a deeper insight into what goes behind the scenes

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  • Arif
  • 02-07-20

useful book

I'm satisfied and Impress also from this guide. algotithmic trading refers to an investing strategy where investment positions are maintained for more than 24 hours.

1 person found this helpful

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  • vijaymax
  • 18-07-20

useful

The author has presented such a useful book for me, Personally, i was looking for this book for so long. Thanks to my friend who give this book. Really felt good to listen to it.

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    5 out of 5 stars
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  • Hasani Gilling
  • 15-07-20

Great book recommend to those who are new

Great starter book recommend for people who are just starting out on this venture. I like how the author kept it simple and straightforward without going off topic like alot of books. he gave great examples of different approaches you can take while creating your strategies. he also give examples of how to back test them, or how to back test in general. thanks again

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  • Eshaf
  • 02-07-20

best concept

Alorithmic Trading is a informative book on swing and options trading. It gives easy to follow tips for trading and helps beginners learn how and when to move their money around.

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    5 out of 5 stars
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  • catheef
  • 02-07-20

Highly recommended

This book was very insightful and informative. It gives different strategies and techniques. It also discusses the importance of budgeting so you can invest/save.

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    5 out of 5 stars
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  • Babu .F
  • 02-07-20

INFORMATIVE BOOK

The underlying belief of this strategy is that significant changes in a company's performance and the financial condition usually take several days to substantially impact the prices of financial assets and generate acceptable profits. Thanks for the Author. Recommended!

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  • Durga. R
  • 27-06-20

Wonderful book

- "variance of the log of the prices increases slower than that of a geometric random walk. ...variance is a sublinear function of time."

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    5 out of 5 stars
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  • cutter
  • 27-06-20

Useful book

There was very little material that I could read without having to wade through the internet to find more clear explanations of what was going on.

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    5 out of 5 stars
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  • Bayoona
  • 27-06-20

Information book

As a computational engineer that enjoys mathematical rigor, I found this book to be too terse and hand wavy for my liking.

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  • Aila
  • 27-06-20

Information book

I'll surely recommend this book to my friends and family. Happy reading!!I expected to locate a dependable manual for improve my abilities and I'm totally happy with this pack.