Algorithmic Trading: Winning Strategies and Their Rationale (Wiley Trading) offers a comprehensive guide to quantitative trading strategies from a seasoned practitioner. Authored by Ernest P. Chan, the book is in its first edition, published on May 28, 2013, by Wiley. With 224 pages of content, it stands out for its practical approach, focusing not just on theory but also on real-world examples that bring strategies to life.

Each strategy discussed within the book is accompanied by detailed descriptions of its development, implementation, and even coding, providing readers with a deep understanding of how these trading techniques are applied in practice. Praise for the book highlights its valuable insights for anyone interested in creating their own systematic trading strategies or engaging in manager selection processes.

Ernie’s discussions on regime changes and risk management add significant depth to his analysis, making this a must-have resource for serious retail traders. The book is celebrated for its careful and detailed exposition of the scientific method applied to strategy development, offering a range of examples and levels of detail that are unparalleled in the field.