The Evaluation and Optimization of Trading Strategies (Wiley Trading Series, Band 314) - copertina rigida, flessible

EAN (ISBN-13): 9780470128015
ISBN (ISBN-10): 0470128011
Copertina rigida
Copertina flessibile
Anno di pubblicazione: 2008
Editore: Wiley
334 Pagine
Peso: 0,575 kg
Lingua: eng/Englisch

Libro nella banca dati dal 2008-02-12T09:11:26+01:00 (Zurich)
Pagina di dettaglio ultima modifica in 2023-09-12T00:10:46+02:00 (Zurich)
ISBN/EAN: 0470128011

ISBN - Stili di scrittura alternativi:
0-470-12801-1, 978-0-470-12801-5
Stili di scrittura alternativi e concetti di ricerca simili:
Autore del libro : robert pardo, pardoe, robert ris, robert now, john perry, robert short
Titolo del libro: the evaluation and optimization trading strategies

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Dati dell'editore

Autore: Robert Pardo
Titolo: Wiley Trading Series; The Evaluation and Optimization of Trading Strategies
Editore: John Wiley & Sons
368 Pagine
Anno di pubblicazione: 2008-03-11
Peso: 0,642 kg
Lingua: Inglese
102,00 € (DE)
No longer receiving updates
168mm x 236mm x 25mm

BB; gebunden; Hardcover, Softcover / Wirtschaft/Betriebswirtschaft; Finanzenwesen und Finanzindustrie; Börsenhandel; Finanz- u. Anlagewesen; Trading; Finance & Investments; Börsenhandel

It would be an understatement to say that the world has changed dramatically in the sixteen years since the first edition of Design, Testing, and Optimization of Trading Systems was published in 1991. With all of the changes in communications, technology, and trading styles, a thorough and comprehensive working knowledge of how to properly design and test strategies has never been more important than it has become in today's extremely competitive markets. Robert Pardo argues that a trading strategy can only be properly evaluated and successfully traded when profit and risk have been measured precisely and accurately-which can only be done through computerized testing. In this updated and revised edition of his classic work, Pardo, a professional money manager and renowned expert in the design and testing of trading strategies and computerized trading applications, provides a clear-cut and specific road map for traders who want to transform a trading idea into a tested, verified, properly capitalized, and profitable automated trading strategy. Pardo shows that the benefits of correct testing and optimization vastly outweigh the effort required to learn and master their proper application, and sets forth in detail the correct way to formulate, test, and evaluate a trading strategy. He explains how to properly optimize a trading strategy, incorporate out-of-sample data in the testing of a strategy, perform Walk-Forward Analysis, develop a trading strategy profile, and judge real-time trading performance with respect to the trading strategy profile developed via historical testing. In addition, he identifies the symptoms of overfitting- optimization that has "gone bad" and resulting in false conclusions and offers guidelines to avoid it. The trading game has never been as large or as lucrative as it is today. Nor have the markets ever been more efficient than they are today. Yet traders the world over continue to make profits. Why? They have found an edge. For anyone planning to employ algorithmic or mechanical strategies in their trading, this book presents, in a straightforward and accessible style, the edge that you can use to obtain and enjoy the fruits of profitable trading.