Portfolio Management Software
The forums that discuss trading systems and their development often ask about the value of walk forward testing. The question is usually accompanied by comments about how hard it is to get good results from the out-of-sample tests from the walk forward runs, whereas it is relatively easy to get […]
Cognitive dissonance is the term used to describe the discomfort people have when they are expected to believe two or more ideas that, on their face, seem to be contradictory. Backtesting is the application of a trading system to an historical data series. Expert opinions of backtesting bring about cognitive […]
Trading shares is a business like any other and, as with any business, it pays to investigate its financial viability before committing capital. I am often horrified by the conservative thinking that has the average mum and dad committing the family nest egg to a Bricks and Mortar retail business […]
Note: Originally written in 1988 Over the past several years there has been a proliferation of software programs which allow futures traders to develop trading models and perform simulated historical testing to find the best model to use for each Market. This testing process is widely known as “historical optimization.” […]