Is BackTesting Report for day-traders?
A2. Not really. BackTesting Report relies on end-of-day data. Day traders could use the results of BackTesting Report in three ways: to understand the longer-term trends within which they operate on a daily basis, to see how trading works for people who aren’t glued to the screen all day. The third way requires a leap of faith to apply the backtesting results to shorter timeframes than they were originally intended.
Testing Report relies on end-of-day data. Day traders could use the results of BackTesting Report in three ways: 1) to understand the longer-term trends within which they operate on a daily basis, 2) to see how trading works for people who aren’t glued to the screen all day, and 3) applying the backtesting results to shorter timeframes than they were originally intended.
