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The New Commodity Trading Systems and Methods

By Perry J. Kaufman

$34.95 $5.00 SH

• Hardcover: 544 pages

• Publisher: John Wiley & Sons Inc (August 1987)

• Language: English

• ISBN-10: 0471878790

• ISBN-13: 978-0471878797

• Product Dimensions: 10.5 x 7.5 x 1.8 inches

• Shipping Weight: 2.6 pounds

Excellent condition, clean and unmarked pages.
Binding very firm and straight.
Not a Remainder ~ Not Ex-Library ~ From Private Collection

Book Description
Since Commodity Trading Systems and Methods was first published in
1978, the commodity futures market has undergone dramatic changes.
Advances in research and a computerization of the market have created
many new approaches to analyzing and forecasting price movement. This
new edition critically evaluates these new technical trading systems and
methods, with emphasis on each one's profitability under specific market

The New Commodity Trading Systems and Methods gives an unbiased,

authoritative opinion of what trading systems work best under what
market conditions, why, and how. After a brief explanation of the basic
concepts of technical trading, Kaufman evaluates the various systems.

The guide also covers advanced techniques such as measuring volatility

and price-volume distribution and offers practical tips on how to use
personal computers in your trading efforts (you'll learn how computerized
testing of a technique can lead to the wrong solution as well as the right

Complete with easy-to-use computer programming code, illustrations,

specific formulas and rules for trading systems, and comparative
performance tables for the major systems, The New Commodity Trading
Systems and Methods gives you all the technical tools you need to
accurately analyze and profit in today's high-leverage goods markets.
Table of Contents
1. Introduction
2. Basic Concepts
3. Regression Analysis
4. Moving Averages
5. Moving Average Systems
6. Momentum and Oscillators
7. Seasonal and Cyclic Analysis
8. Charting
9. Point-and-Figure Charting
10. Charting Systems
11. Spreads
12. Behavioral Techniques
13. Pattern Recognition
14. Day Trading
15. Optimization
16. Advanced Techniques
17. Practical Considerations
18. System Management
(i) Statistical Tables
(ii) Method of Least Squares
(iii) Matrix Solutions to Linear Equations
(iv) Trigonometric Regression for Finding Cycles
(v) Fourier Transformation
(vi) Pattern Studies
(vii) Construction of a Pentagon


Editorial Reviews
The publisher, John Wiley & Sons
One of the best and complete sources for locating, understanding and
developing a trading strategy. Focusing on ways to trade on the futures (or
any) market for profit, it fully explains entire trading systems, classifies
many approaches, points out their similarities and differences, and
describes how these techniques will cause greater risk or reward given
different circumstances. Chapters build from simple systems to more
complex approaches, such as spectral analysis, showing why simplicity is
often best. Includes some systems appropriate for computer application,
with many programs appearing in an appendix. The treatment is complete,
clearly written and unbiased.

Most Helpful Customer Reviews

Best fundamental systems building book I've seen!

Only book that covered "Island and Continent" 3-D graphs analysis No one
else (to my knowledge) has emphasized the importance of looking for
stability in parameters that are used in systems analysis. I'd never trust a
system unless I saw big wide continents in both Profits and Returns on
Account minimum....What good is a system unless you know that that the
parameter's you're using really work...that they're not out of standard
deviation and surrounding parameters also work! This will give the user
ability to see what parameter or inputs not only make profits but where
the safest and stable sets of parameters exist. Give me robust systems
only please. Can't wait for his new book to come out.

Good Introductory Text

This book is a rigorous introduction on various technical analysis concepts.
It does not waste the readers' time on unnecessary formalization like many
college text books. Most of the information provided in the book are
equally applicable to stocks, indices, etc. not just commodities as the
name of the book suggests.

Topics covered - basic charting, standard indicator calculations, to concepts

like trading system design and comparison. Information on each topic are
rich and in detail. Some college mathematics background is needed if you
would like to understand the details of the calculations and analysis.

In summary, this book is very well written and is a must read for traders
who are interested in learning what technical analysis is all about.