ARTICLE SYNOPSIS...Using Statistics With Trading Systems: by Jeffrey Owen Katz, Ph.D., and Donna L. McCormick In part 1, Katz and McCormick looked at the underpinnings of how statistics can help the trader determine the feasibility of a system. This month, in part 2, they
ARTICLE SYNOPSIS...It's been said that most traders will abandon an otherwise sound mechanical trading system after only three consecutive losing trades. Those who subscribe to such faulty reasoning usually miss out on the large gains available once the system finally