Building A Workable Trading Model by Seth Weinstein
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:2 (32-35): Building A Workable Trading Model by Seth Weinstein
Having trouble designing a successful trading system? Here's how you can develop a robust, non?curve fitted system for trading.
Statistical models allow you to reduce, if not remove, emotion from the trading process. Knowing the model's past performance gives you some comfort when you enter a trade, something a discretionary trader does not have. However, there are drawbacks to
using quantitative models if they are not designed correctly. If a model is not properly designed and tested, it can be a dange...