The Secret Art Of Backtesting
If you have not back tested your trading system, you might as well trade with your eyes close.
In fact, whatever technical analysis criterion you use to trade with, be it moving averages, candle sticks, volatility breakouts, fibonacci retracements or any other trading system you have devised you’re going to need to back test your trading system thoroughly and objectively in order to remove any possible doubt about it’s capability.
To remove any self-doubt you need to thoroughly back test or simulate your trading system in such away that it matches the conditions under which it will be traded. Once you […] Continue Reading…