Compilation: Books on trading - Technical Analysis, Inc.
There are books on specific trading systems and books on trading indicators and then there are a few books on the
agony of developing trading systems. Herewith, we offer a quick listing of relatively modern books on that subject.
The recent selection starts with Bruce Babcock's Business One Irwin Guide to Trading Systems. Now in print for
five years, this volume is still the best summary of the practical side of developing mechanical trading systems. All
the right subjects are treated here, so let's lay them out:
Entry, stops, exits
Babcock's book spends a little too much time on subjects hot at the time of writing - curve fitting and certain entry
and exit methods - but where else can you read unbiased opinions about everything from your personal problems to
the merchandising of trading systems, particularly the scams perpetrated on traders?