I use AlgoTerminal/IB Gateway so testing via SIM is to log IB Gateway into the SIM account and then my desktop in AlgoTerminal connects to the IB Gateway SIM account. To switch to live, I just run my IB Gateway live account and AlgoTerminal connects to that account. Most algo platforms will follow a similar pattern.
Nonsense, markets have been going up, down or sideways for centuries. Simple trend-following techniques have been proven to work for the last 800 years.
Really? The average daily move of the S&P 500 is 1%. Same thing with the major currency pairs. No difference.
%%Best way to do that; start with small size. most etfs are so liquid, it pays. Ive got my smallest UPROsize all year/ because summer ralley tends to be weakest/looks stronger summer than usual.BUT I have a cash etf order in, not more upro @ this time...………...…………………...………………………………………………………………… I see day trades in TZA,twm, but i'm not doing that daytrade today. I never test like one did on utube/ one qqq/amtd because I figure not enough profit for market maker/ one share; but that dollar amount is ok
%% OK/ I never do it thatway/ but I may put on a papertrade/ then trade. The difference is I never trust any simulator...………………………………………………………………………………………..
We not talking about the sp500 we talking about individual stocks How often you see a currency double or drop in half? and in how long? much slower and less often than stocks
Even option commission and fees are now so low as to allow live market small size testing. I do the same with shares and will use 10 shares as a test lot.
Individual stocks ARE part of the S&P 500. If it moves 1% daily that means stocks move 1% daily, on average.
True, but on the other hand if people start trading with proven and backtested methodologies, winning traders will stop winning!