Technical analysis: Backtesting the stock market

Backtest your technical analysis trading systems before you make losses!
Instructed by: Knowledge Pursue | Subject: Business, Data & Analytics

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Description

As a trader or investor, you probably have some technical analysis or risk management method that you use to trade or invest. Maybe you have a moving average system to determine when to buy or sell? Maybe you use RSI to time your entries? Or maybe you have a trailing stop loss system for risk management and profit taking? Even though your methods are grounded on very sound principals, have you ever wondered if your method actually works? And if it has been working well for you, will it continue to work for the long run into the future? Have you actually tested them before? How’s the performance like? What kind of draw downs will you encounter. What is your percentage win rate? Do you have any idea at all how your trading system will perform? Chances are, you probably do not know until its too late!

Outcome

1. Appreciate the power of backtesting in reducing risk and increasing returns.
2. Understand how to judge a backtesting results
3. Define the basic concepts of trading and investing.
4. Comprehend the importance of diversification.
5. Conduct their own backtest.
6. Obtain free backtest database.
7. Psychologically prepare to trade and invest.
8. Gain some basic programming knowledge.
9. Know if the moving average cross over trading system works.
10. Know if the RSI trading system works.
11. Know if random coin toss trading system works.

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Course Info

• 42 Lectures
• 4 Hours
• Language: English
• Subject: Business, Data & Analytics
• Instructed by: Knowledge Pursue
• Last updated on October 2017
• Platform: Udemy