Building Automated Trading Systems: With an Introduction to Visual C++.NET 2005

Introduction

Welcome to Building Automated Trading Systems: With an Introduction to Visual C++.NET 2005. This book serves as both a roadmap and a toolkit for anyone interested in entering the exciting world of automated trading. As the financial markets continue to evolve with the digital age, the ability to automate trading strategies has become a fundamental skill for traders and financial engineers. This book provides a comprehensive introduction to developing these systems using Visual C++.NET 2005.

Detailed Summary of the Book

In Building Automated Trading Systems, we delve into the essential components required to successfully develop your own automated trading systems. The book is designed for both seasoned programmers looking to specialize in financial systems and finance professionals eager to leverage technical skills. The foundational premise is to bridge the gap between programming and trade strategy, recasting theoretical trading knowledge into executable code.

The text begins with a solid foundation in Visual C++.NET 2005, setting up your development environment and introducing C++ programming with a focus on financial applications. It covers various stages of system development, including strategy design, coding, testing, and deploying automated systems. Through lucid explanations and step-by-step examples, this book encourages readers to experiment with their own implementations while understanding the intricacies involved in creating robust trading strategies.

Readers will gain insights into algorithmic trading concepts, data handling techniques, and the mathematical underpinnings that make successful trading algorithms work. With Visual C++.NET as the primary tool, you'll explore object-oriented programming, manage data streams, and simulate trading strategies in real-world scenarios.

Key Takeaways

By the end of this book, readers will be equipped to:

• Set up and configure a development environment using Visual C++.NET 2005.
• Understand the core principles of algorithmic and automated trading.
• Develop robust trading algorithms that can be tested in simulated and live markets.
• Implement and deploy trading systems and adapt them to real-time data.
• Apply object-oriented programming and data handling skills in the creation of trading systems.

Famous Quotes from the Book

"In trading, the game is survival, and you're only as good as your system's ability to manage risk while seeking opportunity."

"Bridging the gap between theoretical knowledge and practical application is where true value in trading automation lies."

"The power of automation in trading is not its complexity, but its consistency and discipline."

Why This Book Matters

In today's fast-paced financial markets, the ability to develop and deploy automated trading systems has become a crucial factor in gaining competitive advantage. This book demystifies the process of building such systems, offering readers the chance to move beyond manual trading techniques and harness the full potential of algorithmic strategies. By focusing on Visual C++.NET 2005, this book targets those keen on using a versatile and powerful programming language well-suited for the rigors of financial system development.

Moreover, the skills acquired through this book extend far beyond finance, providing learners with programming prowess that is applicable across various technological domains. The depth and breadth of knowledge shared within its pages make this book an invaluable resource for anyone aspiring to excel in the field of automated trading.