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196: “How to avoid curve fitting using independent testing” – Jeff Swanson

Better System Trader

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How Do You Define Net Profit Versus Drawdown?

When it comes down to it, you want to have more profit and less drawdown. Soi look at that figure quite a bit. The other thing i want to look at on introday systems is, what is it generating for trade? And i want to see, with slippage and commiss s, i really want to see around a hundred or more, ok? Those are the major things.

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