How does a trader find alpha when markets make no sense, when price shocks cause diversification to fail, and when it seems impossible to hedge? What strategies should traders, long conditioned to trend trading, deploy? In "Alpha Trading: Profitable Strategies That Remove Directional Risk," author Perry Kaufman presents strategies and systems for profitably trading in directionless markets and in those experiencing constant price shocks. The book Details how to exploit new highs and lows Describes how to hedge primary risk components, find robustness, and craft a diversification program Other titles by Kaufman: "New Trading Systems and Methods, 4th Edition" and "A Short Course in Technical Trading," both by Wiley
Given Kaufman's 30 years of experience trading in almost every kind of market, his "Alpha Trading" will be a welcome addition to the trading literature of professional and serious individual traders for years to come.