This book differs from the usual technical analysis text because it brings a new and
simple perspective to short-term trade stock selection. As you’ll see, this book is
based on the central idea that short-term trade stock selection procedures can be based on
the same set of statistical methods now used routinely in business, engineering, medical
research, and even in today’s ubiquitous opinion poll analysis.
Description:
In fact, it is just in aligning our technical analysis methods with these common
statistical procedures that we tame the complexity of our technical analysis statistical
tools, and thus our trading.
By reading this book, you’ll learn about a small set of basic statistical tools that can
be combined to form a simplified, yet profitable, short-term trading system. These are the
statistical tools that I selected while designing, backtesting, and actively trading my
own short-term trading system. I call this trading system MIDOS, which stands for
Mechanical-In, and Discretionary-Out System. In addition to a clear explanation of the
MIDOS statistical tools, you’ll find the conceptual framework of MIDOS fully explained
in this book.
Table of Contents
Preface
CHAPTER 1 MIDOS DESIGN FRAMEWORK
CHAPTER 2 ESTIMATING THE MOVING MEAN
CHAPTER 3 ESTIMATING THE MOVING STANDARD DEVIATION
CHAPTER 4 GETTING A NORMAL START
CHAPTER 5 PROBABILITY: BASIC CONCEPTS
CHAPTER 6 INTRODUCTION TO STATISTICAL CONFIDENCE METHODS
CHAPTER 7 MIDOS MODELS FOR TRADE-STOCK SELECTION
CHAPTER 8 TRADE-STOCK SELECTION REPORT
CHAPTER 9 MIDOS PROFIT PERFORMANCE
Chapter Summary.
Appendix A. Reference reading List
Index
158 pages, Softcover
