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> 1) From historical backtesting, you will get the probability spectrum of
> trades. If the trades are in $ figures, it's probably OK, too, but if the
> trades are expressed in R-figures (multiplies of maximum risk - you'll get
> the idea from Tharp), the probability spectrum will be more consice across
> various markets (stocks, futures, currencies).
Ivo Karindi in his message pointed out a very crucial aspect. IMO MC
must not be done on trades expressed in $ figures where the trade
quantity is a function of you account equity. Doing so would make the
shuffling (reordering) of trades worthless.
Christian
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