{"product_id":"algorithmic-trading","title":"Algorithmic Trading","description":"\u003cp\u003e\u003cem\u003eAlgorithmic Trading: Winning Strategies and Their Rationale\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eby 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\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\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\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\u003eProduct Details:\u003c\/h4\u003e\n\u003cp\u003e\u003cstrong\u003eTitle\u003c\/strong\u003e: Algorithmic Trading: Winning Strategies and Their Rationale (Wiley Trading)\u003cbr\u003e\u003cstrong\u003eAuthor\u003c\/strong\u003e: Ernest P. Chan\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9780470284880\u003cbr\u003e\u003cstrong\u003eISBN-10\u003c\/strong\u003e: 0470284889\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Wiley\u003cbr\u003e\u003cstrong\u003eBinding\u003c\/strong\u003e: Hardcover\u003cbr\u003e\u003cstrong\u003eNo of Pages\u003c\/strong\u003e: 240\u003cbr\u003e\u003cstrong\u003eLanguage\u003c\/strong\u003e: English\u003cbr\u003e\u003cstrong\u003ePublisher Date\u003c\/strong\u003e: 2008\u003c\/p\u003e","brand":"pagify.com","offers":[{"title":"Default Title","offer_id":48256993952002,"sku":null,"price":44.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0830\/9856\/6914\/files\/trading.jpg?v=1785939701","url":"https:\/\/thebookstella.com\/products\/algorithmic-trading","provider":"thebookstella.com","version":"1.0","type":"link"}