/biz/ how exactly am I supposed to "backtest" my trading ideas? am i supposed to go over charts in detail and see if my ideas were right, or are there programs that do it automatically?
>>1371109
back testing is a waste.
Just find a strategy, ichi, fibs, patterns, and go scroll back and just test how the strategy works.
Backtesting is for people to learn the basics of how a system or strategy works.
Yes, they are programs out there, i believe thinkorswim,ninjatrader, and a couple of others have great backtesting tools, like "real time" back test where candles will act like its in real time.
But yea no reason to waste time backtesting. Just go and do real live paper trading probably be easier than doing the backtesting meme
>>1371152
Thanks, but the reason I want to backtest is to speed up the usual 6 months of paper -trade testing required for a new idea
