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PureBytes Links
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Dave,
Two good books on developing trading systems are :
Breaking the black box (M. Pring) This is an easy to read book and to start
with. He works with MS troughout the book
Beyond technical analysis (T. Chande) Somewhat more complex than the former,
but touches more issues. He's not restricted to MS (In fact he uses
TradeStation)
These books explain thoroughly what 'hindsight' and 'optimization trap' means.
Maybe as you know, the MS
MAXIMUM PROFIT SYSTEM in your system tester uses 100% hindsight.
Regards
Leo
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