Episode 31 - How to Backtest A Trading System with Ali Crooks
First off a trading ‘clinic’ with David Berg of eToro. David casts his eye over the Two Blokes’ copy-trading portfolios and suggests some improvements. The key is balancing the risk and maintaining diversity - much like all forms of investing!
They then speak with Ali Crooks of The Traders Support Club, who offers sound advice on the topic of the day: backtesting. Backtesting is a far more interesting topic than many may think, and as you will find out in this episode, an essential activity for all traders!
Ali Crooks is big on getting traders’ mentalities right, something he strives to do through his support club. He believes backtesting a system to build conviction and experience is key to having a good trading mentality.
This episode walks you through the practicalities of both manual and automated backtesting. Enjoy!
This episode is sponsored by eToro. eToro is the World’s leading social trading network with over 5 million active traders. Visit etoro.com to start copy-trading today.