Quantitative Trading. Ernest P. Chan

making all these quick judgments, you are now ready to proceed to the next chapter, which is to rigorously backtest the strategy yourself to make sure that it does what it is advertised to do.

REFERENCES

      1 Duhigg, Charles. 2006. “Street Scene; A Smarter Computer to Pick Stock.” New York Times, November 24.

      2 Sharpe, William. 1994. “The Sharpe Ratio.” The Journal of Portfolio Management, Fall. Available at: www.stanford.edu/~wfsharpe/art/sr/sr.htm.