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RE: The benefit of backtesting

in #trading8 years ago

Yeah, good advice. Here's my basic system >
Come up with an 'idea'
Backtest the idea at least over a 100 trades or so
Modify, tweek and repeat until happy.
Forward test the system using live data in a demo account until I've doubled the account.
Use it on my real account.

Seems like a lot of work, but it works for me...