Saturday, January 11, 2014

Back test your strategy

Excella Trader now allows Traders to build their own strategies . Not only that new software will allow them to back test strategies. 

Strategy trading has a number of significant advantages when compared to intuition-based trading. Institutional traders have been using trading strategies for a long time, while private traders had very limited tools to create trading strategies that work.

Proper trading system analysis helps find trading systems that work. Successful traders need various performance ratios and descriptive ways of viewing the results.

Strategy backtesting is an essential tool to see if your strategy works or not. Backtesting software simulates your strategy on historical data and provides a back testing report, which allows you to conduct proper trading system analysis


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