@all,
in my opinion you can optimize strongly your trading system development process using monte carlo simulation methods. This includes chance evaluation, risk analysis and validation of trading systems.
I've currently written a contribution in the german journal Traders', which is also translated and published in the Traders' UK redaction (Februray 2007: "Strengthening Trading Systems with Monte Carlo Simulations" -I don't know whether you can get the jounal even outside UK, but here's the link to their UK Website: http://www.traders-mag.co.uk/ ).
bye,
zentrader
in my opinion you can optimize strongly your trading system development process using monte carlo simulation methods. This includes chance evaluation, risk analysis and validation of trading systems.
I've currently written a contribution in the german journal Traders', which is also translated and published in the Traders' UK redaction (Februray 2007: "Strengthening Trading Systems with Monte Carlo Simulations" -I don't know whether you can get the jounal even outside UK, but here's the link to their UK Website: http://www.traders-mag.co.uk/ ).
bye,
zentrader