Michael Harris – Trading Books

About Books:

In this package, you’ll receive the download links of following books:

• 15 Lies About Trading and Investing
• Fooled By Technical Analysis

15 Lies About Trading and Investing – Table of Contents

• Preface
• Lie 1: Trends and friends.
• Lie 2: The story about losses and profits.
• Lie 3: This is the true edge.
• Lie 4: They like macro bets.
• Lie 5: Market timing bashing.
• Lie 6: The victims of HFT
• Lie 7: They hate forecasting.
• Lie 8: The momentum premium.
• Lie 9: Advertising low win rates.
• Lie 10: Timing versus hoping.
• Lie 11: Statistical analysis conundrum.
• Lie 12: No emotions allowed.
• Lie 13: Random following works.
• Lie 14: Optimality is the key.
• Lie 15: Back testing windfall profits.

Fooled by Technical Analysis: The perils of charting, back testing and data-mining

PART I – Basic Concepts

Chapter 1. Levels of Technical Analysis

• Level I Naive chart analysis
• Level II Expert chart analysis
• Level III Naive quant analysis
• Level IV Expert quant analysis

Chapter 2. Trading Expectation

• The need for large trade samples
• The trading system inversion paradox

Chapter 3. Risk of Ruin and Trading Capital Requirements

• Risk of ruin due to undercapitalization
• Risk of ruin and win rate.
• Low win rate impact on trend-following system performance
• Determining initial capital requirements 

Chapter 4. Trading Timeframes and the Impact of Trading Friction

• Trading Timeframes
• Trading Styles
• Trading methods
• The Negative-Sum Game of Futures and Forex Trading
• Daily E-mini trading
• Intraday E-mini trading
• Daily Forex trading
• The impact of a long-term market bias

Part II. Fooled by Technical Analysis

Chapter 5. Naive and Expert Chartists

• Fooled by random chart patterns.
• Use of chart patterns defies logic.
• Chart patterns and self-fulfilling prophecies
• Chart Patterns are mostly flukes.
• Claims of Chartists debunked with simple math.
• Fooled by random indicator patterns.
• Indicator patterns and self-fulfilling prophecies
• Indicators and wishful thinking
• Chart analysis and cognitive biases
• Expert chart analysis

Chapter 6. Naive and Expert Quants

• What is Back testing
• Pitfalls of back testing
• Methods for discovering a trading edge.
• Fooled by hypothesis testing.
• Fooled by validation tests.
• Fooled by Monte Carlo Simulations
• Expert quant analysis
• Minimizing the impact of data-mining bias
• Classification of trading systems
• Selection of systems
• Data snooping bias
• Myths about data-mining bias
• Pitfalls of validation methods
• Quant discretionary trading
• Fooled by momentum strategies.
• Putting it all together

Chapter 7. Position Size Determination Methods

• Basic types of trading systems
• Systems with stops-loss
• Fooled by optimal methods.
• Systems without stops-loss.

Chapter 8. Alternatives to Technical Analysis and Conclusion

• Trading the news
• Social media sentiment and trends
• Esoteric trading methods
• Conclusion