Trading Books: Foundations of Trading: Developing Profitable Trading Systems using Scientific Techniques

Author:  Howard B. Bandy
Publisher: Blue Owl Press
Year: 2016

Topics Covered: 

• Personal risk tolerance
• Profit potential of the financial issue being traded
• Data analysis
• Adjusting the model to fit the data
• Validation to estimate future performance
• Comparing alternative use of funds
• Determining whether the system is working or broken
• Computing a proper position size to maximize account growth while holding drawdown within the trader’s tolerance