Here’s what you’ll get:
This book, the fifth by Dr. Howard Bandy, discusses an integrated approach to trading system development and trading management.
It begins with a discussion and quantification of the several aspects of risk.

• The trader’s personal tolerance for risk.
• The risk inherent in the price fluctuations of the issue to be traded.
• The risk added by the trading system rules.
• The trade-by-trade risk experienced during trading.

An original objective function, called “CAR25,” based on risk-normalized profit potential is developed and explained.  CAR25 is as near a universal objective function as I have found.
The importance of recognizing the non-stationary characteristics of financial data, and techniques for handling it, are discussed.
There is a general discussion of trading system development, including design, testing, backtesting, optimization, and walk forward analysis.  That is followed by two parallel development paths — one using traditional trading system development platform and the second machine learning.
Recognizing the importance of position sizing in managing trading, an original technique based on empirical Bayesian analysis, called “dynamic position sizing” and quantified in a metric called “safe-f,” is introduced.  Computer code implementing dynamic position sizing is included in the book.

When will I receive my course?

You will receive a link to download your course immediately or within 1 to 21 days. It depends on the product you buy, so please read the short description of the product carefully before making a purchase.

How is my course delivered?

We share courses through Google Drive, so once your order is complete, you'll receive an invitation to view the course in your email.

To avoid any delay in delivery, please provide an Gmail and enter your email address correctly in the Checkout Page.

In case you submit a wrong email address, please contact us to resend the course to the correct email.

How do I check status of my order?

Please log in to Price9Dollar account then go to Order Page. You will find all your orders includes number, date, status and total price.

If the status is Processing: Your course is being uploaded. Please be patient and wait for us to complete your order. If your order has multiple courses and one of them has not been updated with the download link, the status of the order is also Processing.

If the status is Completed: Your course is ready for immediate download. Click "VIEW" to view details and download the course.

Where can I find my course?

Once your order is complete, a link to download the course will automatically be sent to your email.

You can also get the download link by logging into your Price9Dollar account then going to Downloads Page.