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Design, Testing and Optimisation of Trading Systems by Robert Pardo
  • Design, Testing and Optimisation of Trading Systems

  • by Robert Pardo

    New edition available - click here to go to the details of the new book.


      • Product code: 3380
      • ISBN: 0471554464, ISBN13: 9780471554462, 164 pages, hardback
        Published by John Wiley & Sons in 1992
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      Description of Design, Testing and Optimisation of Trading Systems

      A practical, hands-on guide to setting up, adjusting, and trading mechanical systems that requires no computer or programming skills!

      Here's everything you'll need to develop and verify each stage of a profitable trading strategy, from formulation through testing to real-time trading. Armed with the author's battery of easily accomplished testing and optimization techniques - many never before published - you'll design a workable trading strategy, reliably measure its profit potential and risk, and then test to see if it works in real-time trading.

      No matter what your level of trading expertise, now you can swiftly isolate and eliminate the causes of trading failure and make the decisions essential to profitable computerized trading. You'll discover:

      - The seven major components of mechanical trading strategies and their uses

      - When and how to use fast, accurate and realistic computer simulations to evaluate a strategy's trading performance without risking precious capital

      - The best ways to tailor a trading strategy to fit the unique personalities of widely different markets

      - What to expect from a trading model in real-time trading

      This book helps you develop, evaluate, and apply a winning computer trading system that suits your specific needs.

      Contents of Design, Testing and Optimisation of Trading Systems

      1. On Optimization

      2. Trading System Development

      3. Trading System Structure

      4. The Rules of Simulation

      5. Search and Judgment

      6. Exercises in Testing

      7. Optimizing the Trading System

      8. The Evaluation Of Performance

      9. The Many faces Of Overfitting

      10. The Evaluation of Real-Time Trading

      Index


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