||55 of 57 people found the following review helpful.| Worthless|By M. Chiz|I found this book completely useless. Fortunately, it is largely fluff and thus did not waste much of my time.
The basic idea of this book is that individual traders can benefit from trading at higher frequencies (in the 10s of seconds). I agree with the premise, but their execution is horribly flawed.
I have two big complaints:|From the Back Cover|Algorithmic trading is becoming the industry lifeblood - it is cheaper, faster and easier to control than standard trading and it enables you to ‘pre-think' the market, executing complex math in real time. We are no longer limited by h
Interest in algorithmic trading is growing massively – it’s cheaper, faster and better to control than standard trading, it enables you to ‘pre-think’ the market, executing complex math in real time and take the required decisions based on the strategy defined. We are no longer limited by human ‘bandwidth’. The cost alone (estimated at 6 cents per share manual, 1 cent per share algorithmic) is a sufficient driver to power the growth o...
[PDF.pa53] An Introduction to Algorithmic Trading: Basic to Advanced Strategies (Wiley Trading) Rating: 4.97 (447 Votes)
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