Trading Books: The Evaluation and Optimisation of Trading Strategies

Free Report: "The Top 10 Lessons I Learned by Reading 150 Trading Books" - Download now at http://bit.ly/Top10TradingLessons Get More Trading Book Reviews at http://www.tradingsystemlife.com/Trading-Books.html Trading Books are a dime a dozen and truly outstanding books like 'The Evaluation and Optimization of Trading Strategies' by Robert Pardo are rare. This book gives and excellent explanation of what trading systems are and how they work. It goes on to explain the trading system development process and how to correctly optimize a trading system. Pardo explains how to build a trading system which is 'robust' and which will continue to work into the future using an optimization process called Walk forward analysis. This is one of the best trading books I have read and it is by far the best book on the trading system development process that I have yet come across. The evaluation and optimization of trading strategies is a must read for all system traders. If you are developing a trading system and you have not read this book then you will be making trading mistakes that can be avoided with the proper process that Pardo describes. Overall I give 'The Evaluation and Optimization of Trading Strategies' 5 out of 5 and I think that every serious system trader should have this book on their bookshelf.

Comments

1. Trading Books - There is a lot of crap out there, but here is a discussion about one of the best books on trading system design ever written. "The Evaluation and Optimisation of Trading Strategies" by Robert Pardo belongs on the bookshelf of every serious system trader.
   Don't forget to also download my free report - "The Top 10 Lessons I Learned by Reading 150 Trading Books"...Influenced by "Way of the turtle" but much more concise!
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