Is backtesting reliable? - Page 2
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  1. #11
    Join Date
    May 2015
    Posts
    3
    Quote Originally Posted by geline View Post
    Backtesting is statistics based on past results.

    If the market did the same in duration for 10 years, it does not mean that it will perform the same in the future but it may.

    Do you think backtesting is reliable?
    to my approch ,visual mode its reliable
    1) enforce decision making process
    2) understand the system better
    3) undentify/rectify the flaws
    4) fast forward if its to slow for price monitoring

    to make the most of testing - do it together in demo

  2. #12
    Join Date
    Apr 2013
    Location
    Ghana
    Posts
    3

    Red face Backtesting is realiable

    Backtesting in my view is very realiable tool to use as it helps one to use the past data to predict into the future. as the old adage goes, history always repeat its self.

  3. #13
    Join Date
    May 2010
    Posts
    6
    Quote Originally Posted by geline View Post
    Backtesting is statistics based on past results.

    If the market did the same in duration for 10 years, it does not mean that it will perform the same in the future but it may.

    Do you think backtesting is reliable?
    Of course, it is reliable. I think that nowadays the basic principles of how does the exchange market work haven’t changed. Especially psychological factor of how people think when they are trading. We all are still making the same mistakes. So, I think, you can rely on your backtesting results.

    And very important difference between demo account and backtesting is that you can test a looot of strategies with backtesting, when in demo account you could test at least one.

    As rhodytrader said:
    It comes down to time and quantity.

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