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Home > Better System Trader > 097: Optimization Myths with Jack Schwager
Podcast: Better System Trader
Episode:

097: Optimization Myths with Jack Schwager

Category: Business
Duration: 00:26:40
Publish Date: 2017-05-28 06:06:09
Description:

Jack Schwager needs no introduction. He's a well known expert in the industry, working for some of wall streets leading firms.

Plus he's the author of the best-selling series of 'Market Wizards' books, which I'm sure most traders on this planet have read! In this chat with Jack we discuss Optimization Myths, referencing some interesting results of a study that analyses the effectiveness of optimization... The results may not be what you expect... And could have a huge impact on the way we test and trade strategies. There are plenty of other nuggets of info too, including:

  • The relationship between the best performing past and future parameter sets,
  • Why optimization adds very little to the power of a trading strategy and where to focus instead, and
  • How to properly assess trading results to determine if it’s your strategy or the market that’s actually any good.
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