The WTSUG meeting on Wednesday, April 27, 2005 was held from 7:00pm to 10:00pm at Potomac Libary of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

Agenda:

Featured presentation by Dean Hoffman, Strategic Trading Systems, www.traderstech.net. Dean Hoffman is both the President and founder of Strategic Trading Systems Inc. as well as the President and founder of Hoffman Asset Management, Inc. (a money management firm). He holds a commodity license and is also registered as a Commodity Trading Advisor with the Commodity Futures Trading Commission (CFTC). In addition to his background in computer science at Penn State University, he has over 16 years of experience in the futures industry. You will learn during his presentation how to evaluate trading systems and various money management strategies. Mr. Hoffman will discuss how to build non-optimized (non curve-fitted) systems trading across small and large portfolios. He will also discuss money management strategies and position sizing approaches appropriate for account capital. In addition, you will learn about the Trading Recipes (TM) software created to give traders the ability to learn, simulate, and manage the job of portfolio trading. Mr. Hoffman will also review the Monte Carlo (TM) simulation, which generates values for uncertain variables to simulate a model’s future expectation.