Can Backtesting Help You Win in the Indian Stock Market?
agadmin2022-08-27T10:45:17+00:00Can Backtesting Help You Win in the Indian Stock Market? Algo trading strategy Backtesting, also known as paper trading, is when you create an algorithm for algo trading using historical data and run simulations on it to see if it would have made money in the past. While some people use this to test strategies before they put them into live trading with real money, there’s more to backtesting than that. If done right, you can use it to craft an entirely new strategy based on what has worked in the past, which can help you get ahead of the curve in an increasingly competitive market. Here’s how backtesting works for automated trading platform and why you should use it to your advantage as a trader in India today. What is Backtesting ? Backtesting is the process of testing a trading strategy on historical data to ensure its viability. By