The goal of the developer of a trading system and of the trader who uses it is to have confidence that the signals issued by the system precede trades that provide rewards adequate to compensate for the risk.  The key word is confidence.  The primary limitation is risk.  My presentation is in two parts -- one part for each of the two functions -- trading system development and trading management -- both focusing on that goal.
The trading management presentation will discuss a new and unique Bayesian approach that continually monitors system performance, determines risk of drawdown, assesses the personal risk tolerance of the trader, computes the maximum safe position size, and estimates profit potential.  It includes techniques for determining the health of a system, readjusting the system as necessary, and deciding if and when to take it offline before serious loss of trading capital.