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PDF Title : | Supply and Demand: How the market works |
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Total Page : | 91 Pages |
Author: | Alfonso Moreno |
PDF Size : | 1,463 KB |
Language : | English |
Rights : | set-and-forget.com |
PDF Link : | Available |
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Supply and Demand: How the market works Book
If you want to develop an effective stock trading strategy learning how to utilize the results of backtesting can be one of the best decisions you ever make since backtesting can help you identify an incorrect or correct investment before your money is on the line. Backtesting is one vital function of developing a useful and effective trading system.
The process itself can be completed by taking historical data and reconstructing supply and demand trades from the past that used rules of your trading strategy that you may be contemplating yourself.
By comparing the statistics that you gleam while building past hypotheticals, you can determine how effective the strategy would be as well as discover ways to fine-tune strategies and pinpoint flaws in a strategy before actually placing any solid investments or trades down with the said strategy.