When backtesting is important

in LeoFinance4 years ago

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I've seen many many many people talk about strategies and how this signal is greater then another ... bla bla bla bla...

However until you've fully tested it using backtesting tools, you really wont be able to say.

Here was one of my tests on a strategy which was recommended to me based on "scalping" in a 5min time frame. I've plugged in the numbers .. did the backtest. It turned out to be a 99.98% negative pnl.

SO yea !! Don't believe all these "trading guru" until you've fully tested the strategy.

Cheers all and have a good day ahead !

Posted Using LeoFinance Beta

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Speculation has no rules to build upon, it is just a game in which you may be wrong or right. I like rational things.

i hear ya !

Posted Using LeoFinance Beta

The exchange experts themselves put forward the assumptions that there is nothing reliable. Because whales manipulate the market as they please.

exactly .. however its fun to try out strats and debunk fake ones

Posted Using LeoFinance Beta