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PureBytes Links
Trading Reference Links
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Jimbob:
> i have avoided asking this question, in the hope of finding an answer
> before i found it necessary to reveal my ignorance...but, would someone
> explain what the hell Monte Carlo (in respect to trading) is?
There's a short explanation at http://unicorn.us.com/trading/prosizer.html
This product won't handle portfolios, but it'll give you an idea of what
monte carlo simulations can do. On the "competition" page (linked at the
top of the prosizer page) there are products that will handle portfolios,
and some of those links have explanations about monte carlo as well.
-Alex
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