005: Kevin Davey discusses important aspects of system development, the best systems to use, the correct backtesting process and how to be a successful trader
Better System Trader
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In Depth Testing Is the Key to Success
Once we have a trating system that's pased all our preliminary tests, what'll we do next? L my next step is now you want to go to the indepth testingand there's a lot of different ways to do it. I use what's called walk forward testing. It's a type of odif sample testing where you end up with a lot of results that weren't optimized on the data that it's evaluated over. And if it doesn't work and it's really bad, you probably just want to abandon the idea and just move on to the next one.
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