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Algorithmic Short Selling with Python

You're reading from   Algorithmic Short Selling with Python Refine your algorithmic trading edge, consistently generate investment ideas, and build a robust long/short product

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Product type Paperback
Published in Sep 2021
Publisher Packt
ISBN-13 9781801815192
Length 376 pages
Edition 1st Edition
Languages
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Author (1):
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Laurent Bernut Laurent Bernut
Author Profile Icon Laurent Bernut
Laurent Bernut
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Table of Contents (17) Chapters Close

Preface The Stock Market Game 10 Classic Myths About Short Selling FREE CHAPTER Take a Walk on the Wild Short Side Long/Short Methodologies: Absolute and Relative Regime Definition The Trading Edge is a Number, and Here is the Formula Improve Your Trading Edge Position Sizing: Money is Made in the Money Management Module Risk is a Number Refining the Investment Universe The Long/Short Toolbox Signals and Execution Portfolio Management System Other Books You May Enjoy
Index
Appendix: Stock Screening

Your portfolio management system is your Iron Man suit

"You know, the question I get asked most often is, "Tony, how do you go to the bathroom in your suit?" [Long pause] Just like that."

– Tony Stark, Iron Man

Tony Stark may be a genius, a billionaire, a playboy, and a philanthropist. What truly gives him his superpower is his custom-made Iron Man suit. He did not buy his suit off the rack at Macy's. He torpedoed a few Lamborghinis in his garage building something that uniquely enhanced his fighting style. In the same way, your PMS is your Iron Man suit. It is an extension of your trading strategy. Its sole purpose is to help you make trading decisions under uncertainty. Since no one trades like you, it requires a high degree of customization.

A classic mistake is to buy an expensive off-the-shelf software package, thinking that more information will lead to better trading decisions. Software solutions are primarily reporting...

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