Overview

LEARN HOW TO DETERMINE THE VALIDITY OF A TRADING OR INVESTING STRATEGY & IDEA BEFORE HAND! Most traders(especially the less experienced and impatient) in the market care less about determining the efficacy of given trading strategy, system or idea before committing real funds to experimenting with it but instead only focus on the perceived or promised outcome of such a strategy. And this is the reason for the high statistical failure among first time and inexperienced traders of the market and even among some moderately experienced traders alike. Executing trades with an acquired trading strategy without vetting it properly to determine its validity and efficacy via a 'back test' is tantamount to crossing a busy road with a blind fold on, a situation of putting the cart before the horse and this rarely ends well in both the short term and in the long run. It is not enough to simply understand a strategy rule and the steps or conditions to applying a given trading strategy, as a trader who seeks consistent profitability, optimal performance and capital protection in trading over the long term, strategy testing and validation should take the front seat of a trading plan. As is only through this that a strategy's success rate, historical performance, strengths, weaknesses and efficacy be ascertained or guaranteed and trading funds(capital) protected. This book walks you through how to 'back test' with practical trade strategy samples and examples every step of the way. And upon completion, you will be able to determine the steps and checklist or criteria a given strategy must meet to be considered effective and reliable before being adopted for trading on a funded or real account. learn the ropes of strategy testing & validation and never trade blind ever again in the market!

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