Improve Your System With The Profitability Rule by Michael Harris
ARTICLE SYNOPSIS ...Improve Your System With The Profitability Rule by Michael Harris
What are the capabilities and limitations of your trading system or investment strategy? You can ensure your system or strategy has a high probability of meeting your profit objectives by using this simple model as a measure of profitability.
Most traders spend time trying to develop mechanical trading systems and often end up lost in a maze of indicators and techniques that produce dismal
results. They may not fully understand the fundamental tradeoffs present in trading system design, or even worse, underestimate the influen...