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The New Trading Systems and Methods, 4th Edition by Perry J. Kaufman Use it for reference Trading 22, Tadas Talaikis rated it it was amazing Shelves: And you're not acquainted with math, this 4th is very good starting point, a lot of classic edition presented in very systems manner.

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The result of Kaufman's deliberations is the book Alpha Trading : Profitable Strategies That Remove Directional Risk. According to Kaufman the focus of this book is on the active trader and the trading strategies employed are called Statistical Arbitrage or StatArb, which is the trading basis of many of the large hedge fund managers throughout

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Similar to many traders who own Perry Kaufman's 3rd edition of New Trading Systems and Methods, I ignored the publication of the 4th edition. Well, such oversight was my loss. Even a quick perusal of the work reveals a wealth of new ideas, techniques, and concepts.

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