Building Winning Trading Systems with Tradestation, + Website 2nd Edition

Wonderful book. But be aware. This book is for the person just starting out with TradeStation. So from that perspective it is absolutely awesome. Takes you step by step through the EasyLanuage process. And shows you how to build full blown trading systems.However, this book will not show you how to create some miracle trading system that is always profitable. That is for you to figure out. So the title is a little misleading.The writing is VERY detailed about the basics of programming and system building, but stays on topic. So if you are looking for a book to learn TradeStation, the basics of Pascal type programming (which is what TradeStation EasyLanguage uses) and how to apply it to building trading systems, then this is the book for you.If you are looking for a book that covers really advanced topics of complicated or highly profitable trading systems, then you might look elsewhere.

I was a little dissapointed with this book overall. I guess it would be useful if you are new to coding and need some help, but I found the "Winning" Systems to be pretty lame. I backtested most of them on many common equity stocks with lackluster results. The book is easy to understand and a newbie to Tradestation programming will learn a lot. But if you are buying this book to get some cool trading systems, I'd look elsewhere. Just my 2 cents.

Excellent resource for learning EasyLanguage. The complexity of programming increases gradually, and each chapter introduces a new programming concept.Highly recommended.

Started slowly but that's to be expected when trying to get readers to a common level of understanding.The gradual build up from simple to complex strategies in conjunction with background information and goals were extremely useful.The chapters on optimization and back-testing were particularly compelling and worth reading even if you have extensive EasyLanguage experience.Pros:Lots of examples with complete code listings.All the nuts and bolts you need to create your own EasyLanguage Strategy.Clearly identified reusable sections that you can incorporate in your own trading system.Cons:Be sure you know EasyLanguage first or you will quickly get overwhelmed or bored.Much more useful for programmers than traders

This book provides much. There are actual trading system that you can use. Info on EZ language and much more.

I struggled with writing this review. The author warned that this is not a book for beginners. I did not consider myself a rank beginner, more of a new Intermediate, as I have run some TradeStation strategies and several backtests. It was difficult to give the book a 2 or 3 or 4. If I had at least a year or more of experience using algorism trading. The book almost would earn much higher marks. So with apologies to the authors, I gave it a 3. The one thing that would limit me from giving it a 5 is the examples from TradeStation are very small and difficult to read gray on gray print.

full of typos

I have personally known George Pruitt for over 20 years and this is the most definitive reference that takes a trader from a trading concept to a winning trading strategy using EasyLanguage as applied to TradeStation. It is the cornerstone...indeed, the "Bible"... on designing automated trading systems using TradeStation. It's a gold mine of comprehensive, up-to-date information, superb practical software examples and most of all expert advice pertaining to the practical application as applied to TradeStation. This book is recommended for the novice as well as the seasoned trader. Its clear organization offers immediate application to technical analysis and how to develop winning trading strategies.George Pruitt has successfully taken many sources of information on technical concepts and has manifested it to a clear pristine understanding of its application to the markets. You can easily tell that the author has a strong background in software engineering that has enabled him to take a plethora of ideas and transform them successfully into an easy to understand book.I read just about every book in the market that I can think of. This one caught my eye. Being a trader for over 30 years, I have espoused many of the principles in Pruitt's book that have increased my bottom line. In fact I developed the Dual Thrust Trading System that has been rated number 1 for many years. I hope that other individuals who author books on the subject of technical trading and developing software systems can contribute as well to practical trading ideas as Building Winning Systems with TradeStation has.REVIEW- Michael Chalek- developer of the Top Rated Dual Thrust Trading System- Market professional 35 yrs