LISA is a space-borne, laser-interferometric gravitational wave detect
or currently under study by the European Space Agency. We give a brief
introduction about the main features of the detector, concentrating o
n its one-year orbital motion around the Sun. We show that the amplitu
de as well as the phase of a gravitational wave is modulated due to th
at motion, allowing us to extract information from the signal. The mos
t common way to estimate the parameters which characterize a signal pr
esent in a noisy data stream is to use the matched filtering technique
. A brief review of the theory of parameter estimation, based on the w
ork of Finn and Curter, will be given. We carried out a simulation of
the detection of a monochromatic gravitational wave based on that theo
ry and focusing on estimating the angular parameters of the source. Th
e results of the semi-analytic calculations are presented in detail an
d interpreted to determine the angular resolution of LISA.