Stocks & Commodities V. 25:8 (66-71): Interview: Risky Positions With Keith Fitschen Of TradeSystem, Inc. by Jayanthi Gopalakrishnan

Stocks & Commodities V. 25:8 (66-71): Interview: Risky Positions With Keith Fitschen Of TradeSystem, Inc. by Jayanthi Gopalakrishnan
Item# \V25\C08\160INT.PDF
$2.95
Availability: In Stock

Product Description

Interview: Risky Positions With Keith Fitschen Of TradeSystem, Inc. by Jayanthi Gopalakrishnan

Keith Fitschen has been developing technical trading systems for the futures markets for 20 years, actively trading his systems. His initial research was on the quantification of curve-fitting in system development and resulted in a methodology that relates the degree of overfitting to the number of trades in the development sample. With this method he developed the mechanical system Aberration. Developed in 1986, it was commercially released in 1993 and has been feted as one of the top 10 trading systems by Futures Truth. Fitschen also developed the Start- Trade Drawdown criteria, which is a better measure of risk to a small-account trader than traditional drawdown metrics.

Fitschen, who has a master’s degree in electrical engineering (with an emphasis on stochastic estimation), has developed guidance systems for tactical airlaunched weapons and acoustic tracking systems. This expertise in noisy time series data has led to his success in developing trading systems for noisy market data. He is the president of TradeSystem and provides trading system information on his website, www.keithstrading.com.

STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan spoke to Keith Fitschen on June 5, 2007, via telephone.

Keith, how did you get interested in trading?

I was in the Air Force and I had a degree in electrical engineering. The Air Force decided to send me to graduate school. When I showed up, my advisors said, “You are going to take something called stochastic estimation.” I didn’t know what that was, so I suggested I should perhaps do something digital. They said, “No. This is what you are going to do.” So I got the degree.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order