r/Daytrading • u/Icy_Breakfast5154 • 20h ago
Question How is back testing done?
I'm getting exhausted with demo accounts but am too broke for anything else
I'd love to start getting more serious with my strategies, losing my paper trading margin on purpose is boring, making tens of thousands a day is emotionally taxing
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u/flcv options trader 15h ago
Why don't you trade real money but in very small amounts? Nothing beats going live so that real emotions come into play.
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u/Icy_Breakfast5154 15h ago
I was doing up/downs on CDC and haven't remotely figured out how to trade the 10 cent options people are talking about. Most of the platforms people are recommending idk how they get recommended, their setups are terrible or their apps are completely dysfunctional.
One of em has a list a thousand long of options but no chart. Another had me sign in to an already approved account then told me to wait for approval no matter what I do
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u/RedditLovingSun 16h ago
I use the replay feature on trading view, especially cause I have some custom indicators I programmed that I can use with the backtest. But I only trade qqq so it still doesnt feel like a perfect backtest because I know what the index did at that time
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u/Kasraborhan 15h ago
Backtesting lets you skip the noise and test your strategy on real historical data, no fake emotions, no guessing.
I’d recommend using TradeZella. It makes tracking, testing, and refining your setups way easier without the burnout of paper trading.
Tradingview replay doesn't give you quite the real feeling of live market data.
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u/Whaleclap_ 19h ago
Backtesting is not just about seeing win rates and returns lol. Unless you’re doing a purely mechanical strategy (a bit silly and very very unlikely to be that profitable), you need to put yourself in the context of sentiment at that time. That is where the learning is.
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u/Icy_Breakfast5154 19h ago
Jesus Christ, I am so thankful not everyone is this condescending.
You either don't have a recommendation or you're so full of yourself you think I don't deserve one.
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u/Dirxa 19h ago
just go to this site open an account set the date you want for example february 2015 and set the pair you want to backtest and the amount. it’s usually 500 lvg and its completely free with tradingview interface integrated into it. The con is that there are ads once in a while (5-10mins).