Design, Testing, and Optimization of Trading Systems

by Robert Pardo

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 it 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 Design, Testing, and Optimization of Trading Systems helps you develop, evaluate, and apply a winning computer trading system that suits your specific needs.

176 pages, Hardcover

First published August 12, 1992

Reviews

[Tyler Lovingood · Rating 4 out of 5]

A good overview of simple quantitative system design. Would be a great book for beginners to start with.

[Ed Ball · Rating 3 out of 5]

An insight to various trading systems and how to tweek them. Technical terms throughout the book that forces the reader to do more indepth study. Just nothing jumped out at me in this one.