Any good book on statistics side of system building?

Quote from man:

one of the reasons might be that a paper is done in weeks, while a book takes months. i doubt book writing in computerised trading is really an interesting business perspective. how many copies do you sell from a decent quant trading book?
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A decent quant book sells about 10,000 copies.
 
I've built dozens of systems including the one that is working for us right now. What possible motivation (excluding personal sympathy) I could have to teach anybody anything I developed. I have spent 14 years in agony of attempts and failures till I got it working. What do you expect of me? Do you want me to just give you everything I created? Why? So if you are thinking of finding any meaningful book on how to build working successful trading system your chances of finding the lost ark are much greater. The only thing I could say: - "IT CAN BE DONE!" . Pay your dues, suffer and succeed.
 
Quote from Prevail:

Nitro, can you recommend any journals or where to find them?
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What I do is go to the local University Library and browse. For example, the UofC has a day where the public can come in and peruse during certain hours. I take advantage of that. Also some public libraries have terrific collection of Financial Journals - you need to get in your car and start exploring the libraries near by.

This is the best way to do it as you will find out if you have the background to understand what is being said. Otherwise it is not money well spent.

nitro
 
would you mind telling us the returns you are generating from your system?

Quote from MAESTRO:

I've built dozens of systems including the one that is working for us right now. What possible motivation (excluding personal sympathy) I could have to teach anybody anything I developed. I have spent 14 years in agony of attempts and failures till I got it working. What do you expect of me? Do you want me to just give you everything I created? Why? So if you are thinking of finding any meaningful book on how to build working successful trading system your chances of finding the lost ark are much greater. The only thing I could say: - "IT CAN BE DONE!" . Pay your dues, suffer and succeed.
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Quote from wizardx:

would you mind telling us the returns you are generating from your system?
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Approximately 6 - 8% a month net return on the money. 1 month a year is a looser (not more than an average winning month). The system is 90% robotic with the repair strategy triggered by a decision maker. That is about as much as I can tell.
 
Quote from MAESTRO:

Approximately 6 - 8% a month net return on the money. 1 month a year is a looser (not more than an average winning month). The system is 90% robotic with the repair strategy triggered by a decision maker. That is about as much as I can tell.
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Do you think I can develop a system using Metastock? I was thinking to get it cause I'm tired of manual backtesting. Any comments would be appreciated.
 
Quote from MAESTRO:

Approximately 6 - 8% a month net return on the money. 1 month a year is a looser (not more than an average winning month). The system is 90% robotic with the repair strategy triggered by a decision maker. That is about as much as I can tell.
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You mean 6-8% return on investment (leveraged money)?
If so, that's 84% return, which is excellent

Now it depend how big your account and leverage is
 
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