The library
Backtesting & Statistics
How to test a strategy on past data, and how to tell luck from a real edge.
Beginner 12 papers
Trading knowledge libraryWhat Is Walk-Forward TestingBacktesting & Statistics
Backtesting & StatisticsWhat Is Walk-Forward TestingBeginner · 5 min · 8 pages
Trading knowledge libraryWhat Is Statistical Significance, in Plain WordsBacktesting & StatisticsBacktesting & StatisticsWhat Is Statistical Significance, in Plain WordsBeginner · 5 min · 8 pages
Trading knowledge libraryWhat Is Paper TradingBacktesting & StatisticsBacktesting & StatisticsWhat Is Paper TradingBeginner · 5 min · 8 pages
Trading knowledge libraryWhat Is Overfitting, in Plain WordsBacktesting & StatisticsBacktesting & StatisticsWhat Is Overfitting, in Plain WordsBeginner · 5 min · 8 pages
Trading knowledge libraryWhat Is Out-of-Sample TestingBacktesting & StatisticsBacktesting & StatisticsWhat Is Out-of-Sample TestingBeginner · 5 min · 8 pages
Trading knowledge libraryWhat Is Forward TestingBacktesting & StatisticsBacktesting & StatisticsWhat Is Forward TestingBeginner · 5 min · 8 pages
Trading knowledge libraryWhat Is BacktestingBacktesting & StatisticsBacktesting & StatisticsWhat Is BacktestingBeginner · 5 min · 8 pages
Trading knowledge libraryWhat Is a Rolling BacktestBacktesting & StatisticsBacktesting & StatisticsWhat Is a Rolling BacktestBeginner · 5 min · 8 pages
Trading knowledge libraryHow to Spot Curve FittingBacktesting & StatisticsBacktesting & StatisticsHow to Spot Curve FittingBeginner · 5 min · 8 pages
Trading knowledge libraryHow to Backtest on TradingViewBacktesting & StatisticsBacktesting & StatisticsHow to Backtest on TradingViewBeginner · 5 min · 8 pages
Trading knowledge libraryHow to Backtest in the MetaTrader Strategy TesterBacktesting & StatisticsBacktesting & StatisticsHow to Backtest in the MetaTrader Strategy TesterBeginner · 5 min · 8 pages
Trading knowledge libraryHow to Backtest a Strategy by HandBacktesting & StatisticsBacktesting & StatisticsHow to Backtest a Strategy by HandBeginner · 5 min · 8 pages
Intermediate 13 papers
Trading knowledge libraryWhy Backtest Results Always Beat Live ResultsBacktesting & StatisticsBacktesting & StatisticsWhy Backtest Results Always Beat Live ResultsIntermediate · 5 min · 8 pages
Trading knowledge libraryWhat Is Survivorship BiasBacktesting & StatisticsBacktesting & StatisticsWhat Is Survivorship BiasIntermediate · 5 min · 8 pages
Trading knowledge libraryWhat Is Maximum Drawdown in a BacktestBacktesting & StatisticsBacktesting & StatisticsWhat Is Maximum Drawdown in a BacktestIntermediate · 5 min · 8 pages
Trading knowledge libraryWhat Is Look-Ahead BiasBacktesting & StatisticsBacktesting & StatisticsWhat Is Look-Ahead BiasIntermediate · 5 min · 8 pages
Trading knowledge libraryWhat Is Data SnoopingBacktesting & StatisticsBacktesting & StatisticsWhat Is Data SnoopingIntermediate · 5 min · 8 pages
Trading knowledge libraryWhat Is a Sample SizeBacktesting & StatisticsBacktesting & StatisticsWhat Is a Sample SizeIntermediate · 5 min · 8 pages
Trading knowledge libraryWhat Is a Monte Carlo SimulationBacktesting & StatisticsBacktesting & StatisticsWhat Is a Monte Carlo SimulationIntermediate · 5 min · 8 pages
Trading knowledge libraryHow to Tell Luck From a Real EdgeBacktesting & StatisticsBacktesting & StatisticsHow to Tell Luck From a Real EdgeIntermediate · 5 min · 8 pages
Trading knowledge libraryHow to Read an Equity CurveBacktesting & StatisticsBacktesting & StatisticsHow to Read an Equity CurveIntermediate · 5 min · 8 pages
Trading knowledge libraryHow to Compare Two Strategies FairlyBacktesting & StatisticsBacktesting & StatisticsHow to Compare Two Strategies FairlyIntermediate · 5 min · 8 pages
Trading knowledge libraryHow to Build a Trade LogBacktesting & StatisticsBacktesting & StatisticsHow to Build a Trade LogIntermediate · 5 min · 8 pages
Trading knowledge libraryHow Spread and Slippage Change a BacktestBacktesting & StatisticsBacktesting & StatisticsHow Spread and Slippage Change a BacktestIntermediate · 5 min · 8 pages
Trading knowledge libraryHow Many Trades Prove a Strategy WorksBacktesting & StatisticsBacktesting & StatisticsHow Many Trades Prove a Strategy WorksIntermediate · 8 min · 8 pages
Advanced 6 papers
Trading knowledge libraryWhich Setup Makes Your MoneyBacktesting & StatisticsBacktesting & StatisticsWhich Setup Makes Your MoneyAdvanced · 5 min · 8 pages
Trading knowledge libraryWhen to Stop Trading a StrategyBacktesting & StatisticsBacktesting & StatisticsWhen to Stop Trading a StrategyAdvanced · 5 min · 8 pages
Trading knowledge libraryWhat Is a Control TestBacktesting & StatisticsBacktesting & StatisticsWhat Is a Control TestAdvanced · 5 min · 8 pages
Trading knowledge libraryHow to Write Down a Test FirstBacktesting & StatisticsBacktesting & StatisticsHow to Write Down a Test FirstAdvanced · 5 min · 8 pages
Trading knowledge libraryHow to Measure Your Own Win Rate HonestlyBacktesting & StatisticsBacktesting & StatisticsHow to Measure Your Own Win Rate HonestlyAdvanced · 5 min · 8 pages
Trading knowledge libraryHow to Find Your Best Trading DayBacktesting & StatisticsBacktesting & StatisticsHow to Find Your Best Trading DayAdvanced · 5 min · 8 pages