DISCLAIMER
These publications are for educational purposes only. They
are provided "as is." Neither Klimasauskas Group, nor Advanced Technology
for Developers, nor its contributors and advisors make any claims for the
content, accuracy, correct operation, fitness, or suitability of the material.
Individuals who download articles and software are specifically prohibited
from using code or programs from any of these publications in any way which
could directly or indirectly cause financial or physical loss, harm or damage
to persons or property. The downloading of any of the material on this web
site does not constitute a license to use. Use at your own risk.
If you do download one or more articles. Please let us know
through the feedback
page. Thank you!
Risk of Ruin
Casey Klimasauskas, Senior Partner, Klimasauskas Group
Did you know that even though more than half of your trades are profitable,
and the average profit is greater than the average loss, you might still
be courting disaster? This educational article provides an introduction
to the concept of "Risk of Ruin". It includes an Excel add-in
that estimates the risk of ruin based on the classical definition. It
further develops the concept adapting it to compute a risk of ruin that
is more readily used by active traders, including the ability to investigate
the impact of margins and money management on trading risks. Visual
Basic source code and a Microsoft Excel add-in are included with the
article. Download 291KB ZIP
file now.
Accuracy, Profit, History and Markets
Casey Klimasauskas, Senior Partner, Klimasauskas Group
There have been many claims made as to the predictability of financial
markets, their similarities and differences. There are certainly distinct
differences between the currency markets and equity markets, and over
the past 15 years massive changes have taken place with the broader
access to markets, the growth of Electronic Commerce Networks (ECNs),
and the globalization of trading. What impact do these have on our ability
to predict these time series? What is the relationship between technological
metrics such as accuracy, and financial metrics such as profit? This
article makes a start at addressing these issues. Includes a similarity-based
prediction system (C++) used in the analysis. This material is provided
for educational purposes only and is not suitable for trading. Download
458KB ZIP file now.
Why Can't I Make Money With My Neural Net & Response
Casey Klimasauskas, Senior Partner, Klimasauskas Group
Guido Deboeck, Author, imagineer, visual explorer...and homebrewer
Training a Neural Net for trading is much more difficult than it might
appear at first inspection. There are many issues related to what it
is you use to teach the network, to how it will be used. Two authors
provide their thoughts and insights on this hot topic.Download
155KB ZIP file now.
Back to Publication Index |
