From a leading trading systems developer, how to make profitabletrades when there are no obvious trends
How does a trader find alpha when markets make no sense, whenprice shocks cause diversification to fail, and when it seemsimpossible to hedge? What strategies should traders, longconditioned to trend trading, deploy? In Alpha Trading:Profitable Strategies That Remove Directional Risk, authorPerry Kaufman presents strategies and systems for profitablytrading in directionless markets and in those experiencing constantprice shocks. The book
* Details how to exploit new highs and lows
* Describes how to hedge primary risk components, findrobustness, and craft a diversification program
* Other titles by Kaufman: New Trading Systems and Methods,4th Edition and A Short Course in Technical Trading,both by Wiley
Given Kaufman's 30 years of experience trading in almost everykind of market, his Alpha Trading will be a welcome additionto the trading literature of professional and serious individualtraders for years to come.