Friday, November 20, 2015
Grimes, Quantitative Analysis of Market Data: A Primer
The bulk of the book consists of an explanation of “three simple tools that should be part of every trader’s tool kit: bin analysis, linear regression, and Monte Carlo modeling.”
Traders who are familiar with the most rudimentary mathematical principles of finance will learn nothing from this book. But it’s a good place for the mathematically uneducated to start and a quick review for those whose grip on statistical modeling is tenuous.