Backtesting is the first step in testing and building confidence in technical trading strategies. But it certainly has its limitations. Learn what they are so you aren’t can take advantage of the benefits of Backtesting and avoid the downsides.
Backtesting is THE training method that has helped the highest number of traders that I have met, go pro. But if you make these mistakes, you will have a much lower probability of success. Learn what tools to use, common mistakes and the time period that…
Backtesting is one of the most useful exercises for testing trading strategies, keeping your skills sharp and gaining confidence. This post will show you how to get started, regardless if you want to do manual or automated backtesting. Also learn about tools and websites that will make your job easier.
How many times should you backtest a system? In this post, I share with you what I think the magic number is, based on my experience. Do you agree?
It can be difficult to keep track of which markets are open when doing backtesting. Is it the Tokyo session or the New York session? Identifying this correctly can mean the difference between accurate backtesting and a waste of time. This indicator can help and the best part is that it is free.