The Backtest Looks Great - What Could Possibly Go Wrong?
By Dave Mabe
In this week's episode of Line Your Own Pockets, we discuss all the pitfalls that can happen when you go from a backtest that looks awesome to trading it live.
Topics include:
Missing the big winners
Slippage on entry
Slippage on exit
Buying power issues
Why you're especially susceptible to disappointment
Much more...
The more you understand the causes of the backtest/live trading shortfall, the better strategy you can create.
And your expectations get more well-calibrated.
-Dave