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

Better System Trader

CHAPTER

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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