Breaking the Black Box
Breaking the Black Box will teach you how to design, test, and implement your own mechanical trading systems. It takes you systematically through the process of designing, testing, and applying systems in the market place, along with tools for risk management, leverage, and timing. It covers systems based on a single security, such as the U.S. equity market, closed-end mutual funds, soybeans, and the CRB. This book also highlights Intermarket relationships. Breaking the Black Box offers you a full menu of ideas that can be implemented immediately. In this book, Martin Pring offers a full menu of ideas that can be implemented immediately.
Breaking the Black Box is today's most straightforward and unbiased introduction to designing, testing, and implementing reliable mechanical trading systems.
Martin Pring's Breaking the Black Box shows technical traders and investors how to design, build, and apply trading systems whether automated or mechanical for successfully trading in today's volatile markets.
He explains the basic ground rules and bedrock principles of technical analysis, and then builds from there with examples of several of his favorite systems.
The Martin Pring on Technical Analysis series is a compelling new chapter in supplying accurate, timely information to technical traders everywhere while, at the same time, introducing traders to the foundations and proven methods of Technical Analysis.
The entire series helps traders develop their technical analysis skills using CD tutorials that allow the reader to practice the techniques in realistic market scenarios.
Breaking the Black Box will help you learn to analyze:
Equities vs. Short-term interest rates
CRB vs. Gold
Bonds vs. Commodities
Systems that use relative strength