Systems and Methods of Exchange Trading

This colossal work on trading deserves the utmost attention. Kaufman asserts: «Technical analysis is no longer limited to the study of chart patterns or the identification of trends. It includes intra-market analysis, the application of complex indicators, the concept of mean reversion, and the evaluation of test results».

All these technical techniques are detailed and elaborated in the book.

Risk hedging as a consequence of changing behavioral types of traders is also considered by the author.