Too often, trading systems that looked good last year, in an advertisement, or during computer back-testing, lose money as soon as you start trading them. This book explains why that happens, and gives detailed techniques for developing systems that will be profitable.
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Dr. Howard Bandy has both the formal education and practical experience required to write this book. He has degrees in mathematics, physics, engineering, and computer science. He was a university professor of computer science and mathematics, and university dean. He began research and application of modeling, simulation, statistics, and artificial intelligence while in graduate school. He is the designer and programmer of a commercially successful computer program to time entries and exits. He was a senior research analyst for a Commodity Trading Advisory firm, where he held a Series 3 license. He is a regular speaker at international conferences, author of five books related to the design, analysis, and management of trading systems. And a consultant to trading companies and individuals.
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