Recommended books on finance?

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Recommended books on finance?

edited Mar 5, 2015

Hi, I am a software developer interested in algorithmic trading, but don't know if I have a sufficient background / knowledge in finance to get started. I am solid with computer science--data structures, algorithms, database theory, and programming languages--and I have been trading as a hobby through TD Ameritrade for many years (just investing, no derivatives).

I don't have much of a background in finance other than having read Hull's "Options, Futures, and other Derivatives". How much finance knowledge do you need to start writing trading algorithms? Can anyone recommend books that give you enough financial knowledge to start algo trading?

3 responses

Try these resources to learn more about Finance:

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Nice, thanks!

the "bible" of chart analysis would be a good read for you too. Technical Analysis of Stock Trends by Edwards & MacGee

http://www.amazon.com/Technical-Analysis-Stock-Trends-Tenth/dp/1439898189/ref=sr_1_sc_1?s=books&ie=UTF8&qid=1425615448&sr=1-1-spell&keywords=technical+analysis+stocks+edwards+macgee

for starters, your job as a software developer would be to code the principles in this book.

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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.

About Quantopian

The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.