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Alex has done it again: useful, helpful and thoughtful. Thanks!
And to all of you who pass on friendly advice and aid. Surely, this is our
list at its best.
Jim
-----Original Message-----
From: Alex Matulich [mailto:alex@xxxxxxxxxxxxxx]
Sent: Wednesday, 05 December, 2001 19:01
To: Pavel Kotulsky
Cc: omega-list@xxxxxxxxxx
Subject: Re: Positive Expectancie
(Pavel Kotulsky wrote "I have a conceptual problem: how to calculate the
Positive Expectancy of a strategy system?")
Van K. Tharp wrote an excellent book that dealt extensively with this
subject. The book is called Trade your way to financial freedom. Despite
the hyped title, it really is a good book which has affected the way I look
at trading more than any other book. (I'd like to thank Mark Brown and Mike
Higgs for recommending this.)
I disagree with some of his methodology, finding it needlessly complex when
one can achieve the same result more simply. Given a system that has
generated a statistically significant number of trades, Tharp...
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