2min chapter

The Trade Busters cover image

82 - Guest Appearance - The Wall Street Coach

The Trade Busters

CHAPTER

Is Back Testing Valuable for the Context?

David Weinberger: Back testing is valuable for the context. It's like you have to get your, I keep thinking of a garden. You can understand how to please seeds and how to water and have much sun but if your hands aren't in the dirt it's not as effective. The interesting thing is the availability of off the shelf software for retail traders to do sophisticated automated back testing. That's been getting more robust before you have to know coding and build your own.

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