Backtesting Your Trading Strategy (For beginners & Advanced Traders)

3 years ago
33

Many traders can spend years testing different strategies, or applying different methodologies to their trading which could take a lot of time, and can be quite frustrating.

The main problem is the lack of confidence in their strategy and the fact that it could take months to gather data enough to prove whether or not that their strategy works over time.

This course will teach you how to look at past trading data and apply strategies to it, without risking real money in the process, and without taking real-life time of months-years. You will learn how you can collect and analyse years’ worth of trading data, which may only take a few weeks.

The idea is to acquire years’ worth of experience and skill, in a much shorter time frame, by being able to use the technology available to you to see if your methodology would have worked in the past consistently, and therefore, whether or not it has the likelihood to work in the future.

One thing that some traders struggle with is understanding how to interpret a collection of trades – if it didn’t work, why? If it did, why? What could have been done differently to alter results in the trader’s favor? As we go through the course, we will spend time on how to analyze trading data and how to mold and interpret it to create a plan that suits your individual trading profile.

Completing this course will help you:
Understand what back-testing is and why is it so important to our plans
Master the different uses for back-testing to help speed up your skill development, increase your confidence and ultimately change your results:

Use TradeStation® to collect past trading data – Swing Trades
Use TradingView to collect past trading data – Day Trades

Analyze your trade log data and understand how to interpret it to create the most effective and efficient trade plan that suits your individual needs as a trader

Bonus:
Complimentary 3-month access to AutoClimate™ & AutoUFOs® for TradingView

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