Book description
A newly expanded and updated edition of the trading classic, Design,
Testing, and Optimization of Trading Systems
Trading systems expert Robert Pardo is back, and in The Evaluation
and Optimization of Trading Strategies, a thoroughly revised and
updated edition of his classic text Design, Testing, and
Optimization of Trading Systems, he reveals how he has perfected
the programming and testing of trading systems using a successful
battery of his own time-proven techniques. With this book, Pardo
delivers important information to readers, from the design of workable
trading strategies to measuring issues like profit and risk. Written
in a straightforward and accessible style, this detailed guide
presents traders with a way to develop and verify their trading
strategy no matter what form they are currently using-stochastics,
moving averages, chart patterns, RSI, or breakout methods. Whether a
trader is seeking to enhance their profit or just getting started in
testing, The Evaluation and Optimization of Trading Strategies
offers practical instruction and expert advice on the development,
evaluation, and application of winning mechanical trading systems.
Robert Pardo is a recognized expert in the design
and testing of trading strategies and computerized trading
applications, and a long-standing professional money manager. He is
founder and President of Pardo Capital Limited, a professional money
management firm; Pardo Group Limited, a consulting firm; and Pardo
Analytics Limited, a proprietary market analysis services firm. Since
1983, Pardo has continuously updated his software as well as designed,
programmed, and documented versions of various commercial trading
applications. He has worked as a consultant with world-class trading
firms such as Goldman Sachs, Transworld Oil, and Daiwa Securities, and
created the XT99 trading platform as a joint venture and ongoing
strategic alliance between Pardo Capital Limited and Dunn Capital
Management. Contact Robert at rep@pardocapital. com, or go to his Web
site at http//www. pardocapital. com.