WILEY Cybernetic Trading Strategies: Developing a Profitable Trading System with State-of-the-Art Technologies

the "entropy" or the quantified amount of information in this book can not be measured!

基本的にこの本自体はいい本なのですが、ニューラル・ネットワークなどは概観と少しの応用程度で、具体的なシステム例などが少ないように感じました。　内容的には、市場間の相関関係についての記述に興味のある人なら得られるものがあると思います。

This book focuses on intramarket trading rountines, by which I mean using one market to estimate the behavior of another before it happens. This idea was first introduced by John Murphy. However, he did not, at that time, present trading paradigms.In my opinion, Ruggerio does not intend this book to be a complete exposition on intermarket trading systems, much less on "cybernetic trading strategies." He does present enough examples to show the way to develop your own, presumably more sophisticated intermarket systems. Ruggerio really doesn't attempt to program and use technical analysis, nor does he claim to. His discussion of neural nets and genetic algorithms are very introductory. These are, however, topics that require at least a book each, absent a very good background by the reader.In short, this is a pretty decent idea book, or rather approach book dealing with computer driven trading systems which use intermarket analysis. Personally, I think it's a useful book, even though I don't use the approach: I'm more technically oriented.If you are looking for a definitive approach to using modern math to make a zillion dollars while you watch basketball, this isn't the book. Of course, you won't find that book, but that is a different discussion. Don't go here for neural nets or genetic algorithms, either. See Goldman(?) for the latter. I'm no help for the former.I should note that this book is aimed at commodity traders. Stock traders can make use of the techniques by translating "commodity name" to "sector name," assuming one uses sector analysis.

Cybernetic Trading Strategies: Developing a Profitable Trading System with State-of-the-Art Technologies, is the best book I have read to date, this book is filled with any type of information a trader is looking for. I highly recommend this book. I have read other books from this author and am very impressed.

There are only few books available on the subject (which comes at no surprise, as people who know how to write such a book would get tons of money just applying these methods, rather than writing a book). Chapters on basic consepts are worth reading, looks like the author knows what he is talking about. It includes intermarket analysis, seasonal trading and trading using technical indicators. More advanced subjects, such as neural networks, genetic algorithms, machine learning, statistics and others are very weak. Look somewhere else if you want more info on this.