Trend following: wie erfolgreiche Trader in Hausse und Baisse Millionen machen
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | German English |
| Veröffentlicht: |
Kulmbach
Börsen-Medien
2006
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Literaturverz. S. 319 - 325 |
| Beschreibung: | 327 S. graph. Darst. 23 cm |
| ISBN: | 3938350083 |
Internformat
MARC
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| 240 | 1 | 0 | |a Trend following |
| 245 | 1 | 0 | |a Trend following |b wie erfolgreiche Trader in Hausse und Baisse Millionen machen |c Michael Covel. [Aus dem Amerikan. von Christian Seidel] |
| 264 | 1 | |a Kulmbach |b Börsen-Medien |c 2006 | |
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Datensatz im Suchindex
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| adam_text | Contents
Foreword xi
Preface xv
Acknowledgments xix
Part I i
1 Trend Following 3
The Market 3
Winning and Losing 4
Investor v. Trader: How Do You See the World? 5
Fundamental v. Technical: What Kind of Trader Are You? 6
Discretionary v. Mechanical: How Do You Decide? 10
Timeless 12
Has Trend Following Changed? 15
Trend Following Modus Operandi: Follow Price 16
Follow the Trend 17
Handling Losses 22
Conclusion 22
vifl Trend Following: How Great Traders Make Millions in Up or Down Markets
2 Great Trend Followers 25
Bill Dunn 27
John W. Henry 41
Ed Seykota 54
Keith Campbell 63
Jerry Parker 67
Salem Abraham: Texas Pioneer 70
Richard Dennis 73
Richard Donchian 77
Jesse Livermore and Dickson Watts 81
Part II 85
3 Performance Data 87
Absolute Returns 88
Fear of Volatility; Confusion with Risk 89
Drawdowns 95
Correlation 100
The Zero Sum Nature of the Markets 103
George Soros Refutes Zero Sum 104
4 Big Events in Trend Following 109
Event #1: Stock Market Bubble 112
Event #2: Long Term Capital Management Collapse 124
Event #3: Asian Contagion and Victor Niederhoffer 136
Event #4: Barings Bank Meltdown 140
Event #5: Metallgesellschaft 143
Final Thoughts 146
The Coming Storm 149
5 Baseball: Thinking Outside the Batter s Box 151
The Home Run 152
Moneyball and Billy Beane 155
John W. Henry Enters the Game 156
Red Sox 2003 2004 158
Contents
Part ill 161
6 Human Behavior 163
Prospect Theory 164
Emotional Intelligence: Daniel Goleman 169
Charles Faulkner 171
Ed Seykota s Trading Tribe 172
Curiosity Is the Answer, Not Degrees 174
Commitment to Habitual Success 176
7 Decision Making 179
Occam s Razor 180
Fast and Frugal Decision Making 181
The Innovator s Dilemma 184
Process v. Outcome 185
8 Science of Trading 189
Critical Thinking 190
Chaos Theory: Linear v. Nonlinear 192
Compounding 196
9 Holy Grails 199
Buy and Hold 200
The King of Buy and Hold: Warren Buffett 202
Losers Average Losers 204
Crash and Panic: Retirement Plans 206
Wall Street: Analysis Paralysis 209
Final Thoughts 211
Part IV 213
10 Trading Systems 215
Risk, Reward, and Uncertainty 216
The Five Questions for a Trading System 220
Your Trading System 232
Frequently Asked Questions 232
x Trend Following: How Great Traders Make Millions in Up or Down Markets
11 Conclusion 241
Slow Acceptance 242
Blame Game 243
Understand the Game 244
Decreasing Leverage; Decrease Return 245
Fortune Favors the Bold 246
Afterword 247
Market Wizard Larry Hite 248
Inefficient Markets 250
Trend Following Confusion Reigns 252
Hedge Fund Hype 255
Final Thoughts 257
Appendices
Introduction to Appendices 259
A Fidelity Wealth Lob Pro™ 261
B Performance Guide 299
C Short Term Trading 355
D Personality Traits of Successful Traders 357
E Trend Following Models 361
F Trading System Example from Trading Recipes 365
G Modern Portfolio Theory and Managed Futures 373
H Critical Questions for Trading Systems 377
Resources 379
Endnotes 381
Bibliography 405
About the Author 413
Index 415
|
| adam_txt |
Contents
Foreword xi
Preface xv
Acknowledgments xix
Part I i
1 Trend Following 3
The Market 3
Winning and Losing 4
Investor v. Trader: How Do You See the World? 5
Fundamental v. Technical: What Kind of Trader Are You? 6
Discretionary v. Mechanical: How Do You Decide? 10
Timeless 12
Has Trend Following Changed? 15
Trend Following Modus Operandi: Follow Price 16
Follow the Trend 17
Handling Losses 22
Conclusion 22
vifl Trend Following: How Great Traders Make Millions in Up or Down Markets
2 Great Trend Followers 25
Bill Dunn 27
John W. Henry 41
Ed Seykota 54
Keith Campbell 63
Jerry Parker 67
Salem Abraham: Texas Pioneer 70
Richard Dennis 73
Richard Donchian 77
Jesse Livermore and Dickson Watts 81
Part II 85
3 Performance Data 87
Absolute Returns 88
Fear of Volatility; Confusion with Risk 89
Drawdowns 95
Correlation 100
The Zero Sum Nature of the Markets 103
George Soros Refutes Zero Sum 104
4 Big Events in Trend Following 109
Event #1: Stock Market Bubble 112
Event #2: Long Term Capital Management Collapse 124
Event #3: Asian Contagion and Victor Niederhoffer 136
Event #4: Barings Bank Meltdown 140
Event #5: Metallgesellschaft 143
Final Thoughts 146
The Coming Storm 149
5 Baseball: Thinking Outside the Batter's Box 151
The Home Run 152
Moneyball and Billy Beane 155
John W. Henry Enters the Game 156
Red Sox 2003 2004 158
Contents
Part ill 161
6 Human Behavior 163
Prospect Theory 164
Emotional Intelligence: Daniel Goleman 169
Charles Faulkner 171
Ed Seykota's Trading Tribe 172
Curiosity Is the Answer, Not Degrees 174
Commitment to Habitual Success 176
7 Decision Making 179
Occam's Razor 180
Fast and Frugal Decision Making 181
The Innovator's Dilemma 184
Process v. Outcome 185
8 Science of Trading 189
Critical Thinking 190
Chaos Theory: Linear v. Nonlinear 192
Compounding 196
9 Holy Grails 199
Buy and Hold 200
The King of Buy and Hold: Warren Buffett 202
Losers Average Losers 204
Crash and Panic: Retirement Plans 206
Wall Street: Analysis Paralysis 209
Final Thoughts 211
Part IV 213
10 Trading Systems 215
Risk, Reward, and Uncertainty 216
The Five Questions for a Trading System 220
Your Trading System 232
Frequently Asked Questions 232
x Trend Following: How Great Traders Make Millions in Up or Down Markets
11 Conclusion 241
Slow Acceptance 242
Blame Game 243
Understand the Game 244
Decreasing Leverage; Decrease Return 245
Fortune Favors the Bold 246
Afterword 247
Market Wizard Larry Hite 248
Inefficient Markets 250
Trend Following Confusion Reigns 252
Hedge Fund Hype 255
Final Thoughts 257
Appendices
Introduction to Appendices 259
A Fidelity Wealth Lob Pro™ 261
B Performance Guide 299
C Short Term Trading 355
D Personality Traits of Successful Traders 357
E Trend Following Models 361
F Trading System Example from Trading Recipes 365
G Modern Portfolio Theory and Managed Futures 373
H Critical Questions for Trading Systems 377
Resources 379
Endnotes 381
Bibliography 405
About the Author 413
Index 415 |
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| id | DE-604.BV021541005 |
| illustrated | Illustrated |
| index_date | 2024-07-02T14:28:16Z |
| indexdate | 2024-07-09T20:38:11Z |
| institution | BVB |
| isbn | 3938350083 |
| language | German English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-014757214 |
| oclc_num | 150275996 |
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| physical | 327 S. graph. Darst. 23 cm |
| publishDate | 2006 |
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| spelling | Covel, Michael Verfasser aut Trend following Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen Michael Covel. [Aus dem Amerikan. von Christian Seidel] Kulmbach Börsen-Medien 2006 327 S. graph. Darst. 23 cm txt rdacontent n rdamedia nc rdacarrier Literaturverz. S. 319 - 325 Aktienmarkt - Anlagepolitik Anlagepolitik (DE-588)4206018-7 gnd rswk-swf Aktienmarkt (DE-588)4130931-5 gnd rswk-swf Aktienmarkt (DE-588)4130931-5 s Anlagepolitik (DE-588)4206018-7 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014757214&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Covel, Michael Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen Aktienmarkt - Anlagepolitik Anlagepolitik (DE-588)4206018-7 gnd Aktienmarkt (DE-588)4130931-5 gnd |
| subject_GND | (DE-588)4206018-7 (DE-588)4130931-5 |
| title | Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen |
| title_alt | Trend following |
| title_auth | Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen |
| title_exact_search | Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen |
| title_exact_search_txtP | Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen |
| title_full | Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen Michael Covel. [Aus dem Amerikan. von Christian Seidel] |
| title_fullStr | Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen Michael Covel. [Aus dem Amerikan. von Christian Seidel] |
| title_full_unstemmed | Trend following wie erfolgreiche Trader in Hausse und Baisse Millionen machen Michael Covel. [Aus dem Amerikan. von Christian Seidel] |
| title_short | Trend following |
| title_sort | trend following wie erfolgreiche trader in hausse und baisse millionen machen |
| title_sub | wie erfolgreiche Trader in Hausse und Baisse Millionen machen |
| topic | Aktienmarkt - Anlagepolitik Anlagepolitik (DE-588)4206018-7 gnd Aktienmarkt (DE-588)4130931-5 gnd |
| topic_facet | Aktienmarkt - Anlagepolitik Anlagepolitik Aktienmarkt |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014757214&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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