Re: [CANSLIM] Book suggestions

From: "Dave Squires" <dcsquires1@home.com>
Subject: Re: [CANSLIM] Book suggestions
Date: Wed, 2 Jan 2002 08:53:23 -0600

Next Article (by Subject): Re: [CANSLIM] DFXI "Tom Worley"
Articles sorted by: [Date] [Author] [Subject]

If you are interested in a highly statistics oriented trading book take a
look at Trading with the Odds by Cynthia Kase. Excellent book.

DSquires

- ----- Original Message -----
From: "Dave Cameron" <dfcameron@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Monday, December 31, 2001 7:48 AM
Subject: Re: [CANSLIM] Book suggestions


> Mike,
>
> Sorry for the delay here, I'm playing catch-up on e-mails.   I too am
> a statistician.   (Master's degree in the field, several years as a
> practitioner).
>
> I've looked at Katz's book; never really pursued trying to translate
> the concepts to CANSLIM.
>
> I've also tried various statistical approaches to stock picking, both
> inside and outside the CANSLIM arena.   I have not been successful.
> There's an old saying that patterns rarely repeat.   I haven't found
> a sufficient sample size of anything to be successful.   Every time I
> try, either the macro-market is different, the time frames for
> something to happen changes, the Fed raises rates or lowers them, or
> something changes the parameters enough to invalidate any model.
>
> I'm not trying to discourage you from trying, just warning you that
> it is very tough.   If it weren't, many statisticians would be doing
> it already, no doubt.
>
> Anyway, to your question:  "are there any must reads?".   I would say
> no.   You can look out there - it's always good to absorb a lot of
> stuff.   But, I feel it is best to develop your own system completely
> from scratch.   If you read any of Schwager's books, he interviews
> some successful traders who use a programmed system they developed.
> They all built their own from scratch, and as such, have tested more,
> and have a higher conviction in it.
>
> Regards,
>
> Dave Cameron
>
>
> > On 27 Dec 2001 at 11:01, Mike Hofmann wrote:
> >
> > Happy holidays CANSLIMmers. I hope everyone is enjoying a safe
> > and joy-filled holiday season.
> >
> > Santa brought me Jeffrey Katz's Encyclopedia of Trading
> > Strategies. I put this book on my wish list after reading one of
> > the threads here not too long ago in which Bulkowski's book was
> > recommended. (When I went to Amazon to look for Bulkowski, I also
> > came across the Katz book.) Katz's book
> > focuses on the development of options and futures trading systems.
> > As a relative novice at this game, I'm wondering if the concepts
> > and strategies put forth in this book are applicable to stock
> > trading and more specifically to a CANSLIMish approach.
> >
> > I'd also be interested in recommendations for other must-reads in
> > the area of tech analysis and trading systems. I am a statistician
> > by trade and thus am not particularly daunted by numbers and such,
> > but I prefer books on this subject that are reasonably easy to
> > understand and without too many
> > Greek letters.
> >
>
>
> =====
> Dave Cameron
> dfcameron@yahoo.com
>
> __________________________________________________
> Do You Yahoo!?
> Send your FREE holiday greetings online!
> http://greetings.yahoo.com
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Next Article (by Subject): Re: [CANSLIM] DFXI "Tom Worley"
Articles sorted by: [Date] [Author] [Subject]

Go to Jeff Salisbury LWGate Home Page.