Monte Carlo Simulations

["Clive" <clivesmail@xxxxxxxxxxx>]

Larry

Could you elaborate on this method and where more info can be found

"...The second method is to randomly select returns with replacement.  This
goes
beyond scrambling the order since each trade may be included zero or more
times and in a random order.  The advantage is that this gives an estimate
of both drawdown and final equity variations.  This is the preferred
method...



Clive