The Evaluation and Optimization of Trading Strategies

by Robert Pardo

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.

Genres: Finance

368 pages, Hardcover

First published January 1, 2008

Reviews

[Erik · Rating 5 out of 5]

One can't underestimate the impact of the Walk-Forward Analysis has had in algorhytmic trading, which by itself is worth giving it 5 stars rating.

This book I'll probably revisit often in the future to re-evaluate or improve the techniques of the preliminary analysis and robustness testing and live evaluatiin of a trading strategies, all of which are well covered.

A great one to keep in the shelf.

[Anca · Rating 2 out of 5]

nu simt ca m am ales cu nimic dupa aceasta carte, nu as putea sa o recomand

[Janus Q · Rating 2 out of 5]

Over discussed topics and full of re-explanations by similar sentences. One can sum-up this entire book into a single A4 page indeed.

[Alessio SMART · Rating 1 out of 5]

This book is too theoretical, it only explains lists of actions and describes there shortly. There should be more practical examples on how to perform the things mentioned. It is useless so

[Javier Villar · Rating 3 out of 5]

Maybe, it's the most thorough book on trading optimization that exists. However, the concretion of optimization has an inherent temptation: trying to predict or "exploiting an inefficiency " in exchange for the bigger picture of cutting losses short and letting profits run.