Bob Pardo

Bob Pardo, a leading expert in quantitative trading and author of "The Evaluation and Optimization of Trading Strategies," shares insights on building effective trading strategies. He discusses the pitfalls of over-optimization in using historical data and introduces Walk-Forward Analysis as a solution. The conversation touches on adapting strategies to changing market conditions, the importance of robust parameter selection, and mastering psychological challenges. Pardo also highlights the significance of realistic performance metrics for traders aiming for success.