Target annual returns for share trading?
Tim - thanks for the welcome. I do have a confesion to make, and that is I have never traded a single share in my life!
I'm a member of the GA (genetic algorithm) system developement/backtesting school of thought, and the other school of thought which...
In Design, Testing and Optimisation of Trading Systems by Pardo he suggests using standard error as a measure of precision in the value of a random variable (meaning the value of some function of your trading system like mean profit per trade).
Pardo makes some assumptions in the use of...