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Monte Carlo
- Thread starter indahook
- Start date
Quote from indahook:
I just got the new issue of TAOSAC yesterday and found the article on Monte Carlo simulation very interesting. Was wondering if anybody uses excel to run these simulations?
Every trader should read this article
I attended a Tradestation User group meeting here in N. Cali that had an excellent presentation on using the Monte Carlo system to get a probability of "if this happens in "this" situation what could a possible outcome be?" or to "test" different probabilities. I am not good at statistical analysis but I clearly saw how for someone (smarter than I and thats not a high bar) this could be a truly useful tool, especially system designers.
Nice thread!
rttrader1 -
Quote from rttrader1:
I attended a Tradestation User group meeting here in N. Cali that had an excellent presentation on using the Monte Carlo system to get a probability of "if this happens in "this" situation what could a possible outcome be?" or to "test" different probabilities. I am not good at statistical analysis but I clearly saw how for someone (smarter than I and thats not a high bar) this could be a truly useful tool, especially system designers.
Nice thread!
rttrader1 -
Very nice..the article had the Monte Carlo code for TS. But not for AIQ systems which I use. I was impressed mainly because it just strengthend my view that money management is 90%+ of the game.