SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Back Testing - Evaluating your Trading Strategy 101
Backtesting of technical methods in light of past prices is the most popular testing strategy among technical traders.Below is a short list that will get you started;
1. How many trades does it generate?
..............................................
2. Whats the reliability of the system?
...............................................
3. How big is the average profit compared to the average loss?
.............................................................................
4. Many more..............
#Remember that you need enough data to create at least 30 trades in each test #
Please let me know if you would like to know more :)
Happy Trading
"success occurs when opportunity meets preparation" Zig Ziglar
Back Testing - Evaluating your Trading Strategy 101
Backtesting of technical methods in light of past prices is the most popular testing strategy among technical traders.Below is a short list that will get you started;
1. How many trades does it generate?
..............................................
2. Whats the reliability of the system?
...............................................
3. How big is the average profit compared to the average loss?
.............................................................................
4. Many more..............
#Remember that you need enough data to create at least 30 trades in each test #
Please let me know if you would like to know more :)
Happy Trading
"success occurs when opportunity meets preparation" Zig Ziglar
Follow your Trading plan, Remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Follow your Trading plan, Remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.