Category: backtesting
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How most traders trade without an edge and don’t even know it
There are two mistakes most traders make when building a basket of trading setups. 1. They trade setups without and edge.2. They trade the setup in the wrong market. Your trading “edge” gives you a reliable idea of how much you can expect to win with your setup over time.…
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The Fallacy of Backtesting and Adapting to Current Market Conditions
I recently engaged in an interesting chat with a novice trader this weekend. It got me thinking about the fallacy of backtesting and why I don’t rely on past statistics. You heard me correctly. My take on backtesting is controversial and puts me in the minority. Some have called me…
Paul J Singh 