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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
You can read about it in the news. Or you can trade it with us. Get the software and join us in Premium and make 2023 your best trading year yet.
Or here’s the video from March 31, with CL about 9 minutes in:
Part 4 of our series with backtesting with PRO STR BT/BTX.
Backtesting Part Four 2023 03 28 - Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Note: the video is also available in our workshops page.
Also note, I used the term “drawdown” in this video somewhat incorrectly, but allow me to make the correction here in writing rather than re-make the video. So:
- the correct definition of drawdown: peak-to-trough drop (usually expressed as a percentage) at any point in time in the equity curve
- in this video, I used drawdown as ‘equity falling under the starting capital’. Strictly speaking, that is not correct. But with that little error in terminology, the main takeaways in the video remain valid.
Remek! Trading Systems, Inc. (Toronto, Canada) specializes in providing trading system development, testing and consulting services to traders worldwide. Remek! Momentum Pro, our self-adapting trading algorithm is designed to trade the re-emergence of momentum out of consolidation areas. For more information, visit www.remek.ca
Remek! Trading Systems Inc. | 11 Shallmar Boulevard, Toronto, ON, M5N 1J6, Canada
