Traders Laboratory - View Single Post - What is the benefit for a software to have strategy backtesting
View Single Post
  #4 (permalink)  
Old 03-30-2007, 07:16 PM
Maverick Maverick is offline
Maverick has no status.

 
Join Date: Sep 2006
Posts: 7
Thanks: 0
Thanked 0 Times in 0 Posts
Re: What is the benefit for a software to have strategy backtesting

If you have trading rules then they can be backtested and then paper traded for the proof is in the pudding. I always backtest my ideas and if they are profitable, I paper trade next. Doing so has been very profitable for me. If you don't have certain rules for entry and exit but instead trade on the cuff or use your emotions then you must be lucky or you are doomed to lose.

Reply With Quote