Welcome Back! Trading signals are buy and sell alerts. Unless trading a purely mechanical system a layer of discretion will improve the quality of those buy and sell signals. My experience has provided a mental checklist for evaluating trading signals. Here are some of its points: What is the overall trend of the market? What [...]
Posts Tagged ‘Market trend’
BackTesting Trading Strategies
Posted June 9th, 2010 by Trading Systems | No CommentsBack-testing trading strategies is something traders should do when they’re developing their own trading systems. A strategy usually starts with an idea that is coded into a formula. Back-testing that formula will prove the viability of the initial idea. In essence, the goal of back-testing is gauging the effectiveness of your idea. Here are a [...]
