Friday, August 14th, 2009
Like any other effort in science, the back test can vary from shallow and useless to very useful. It is a matter of the quality of information that forms the test. A shallow back test, and the discipline to stick with it, is a recipe for disaster.
The quality of information determines the significance in the [...]
Filed under: Trading Methods by Charles Maley
Tags: «Fooled by Randomness - Nassim Taleb - probabilities - sample size »
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Thursday, July 30th, 2009
As most of my friends know by now I am a fan of Nassim Nicholas Taleb and his books “Fooled by Randomness” and “The Black Swan”. If you are an investor/trader I would highly recommend that you read these.
You don’t have to agree with everything, but it certainly pays to be aware of the impact [...]
Filed under: Insights, Money Management, Trading Methods, Trading Psychology by Charles Maley
Tags: «Black Swan - Fooled by Randomness - Nassim Taleb - The Black Swan »
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