Description
English | 2021 | Original PDF | 9 MB | 377 Pages
Laurent Bernut, 1801815194, 9781801815192, 978-1801815192, B09B82BHDW
Leverage Python source code to
revolutionize your short selling strategy and to consistently make
profits in bull, bear, and sideways markets
Key Features:
Understand techniques such as trend following, mean reversion, position sizing, and risk management in a short-selling context Implement Python source code to explore and develop your own investment strategy Test your trading strategies to limit risk and increase profits
Book Description:
If
you are in the long/short business, learning how to sell short is not a
choice. Short selling is the key to raising assets when the markets
are down. This book will help you demystify and rehabilitate the
short-selling craft, providing Python source code to construct a robust
long/short portfolio. It explains everything you have ever read about
short selling from a long-only perspective.
This
book will take you on a journey from an idea ("buy bullish stocks,
sell bearish ones") to becoming part of the elite club of long/short
hedge fund algorithmic traders. You'll explore key concepts such as
trading psychology, trading edge, regime definition, signal processing,
position sizing, risk management, and asset allocation, one obstacle
at a time. Along the way, you'll will discover simple methods to
consistently generate investment ideas, and consider variables that
impact returns, volatility, and overall attractiveness of returns.
By
the end of this book, you'll not only become familiar with some of the
most sophisticated concepts in capital markets, but also have Python
source code to construct a long/short product that investors are bound
to find attractive.
What You Will Learn:
Develop the mindset required to win the infinite, complex, random game called the stock market Demystify short selling in order to make consistent profits from bull, bear, and sideways markets Generate ideas consistently on both sides of the portfolio Implement Python source code to engineer a statistically robust trading edge Perform superior risk management for high returns Build a long/short product that investors will find appealing
Who this book is for:
This
is a book by a practitioner for practitioners. It is designed to
benefit a wide range of people, including long/short market
participants, quantitative participants, proprietary traders, commodity
trading advisors, retail investors (pro retailers, students, and
retail quants), and long-only investors.
At
least 2 years of active trading experience, intermediate-level
experience of the Python programming language, and basic mathematical
literacy (basic statistics and algebra) are expected.