testing Trading ideas?

Discussion in 'Trading' started by romanmar, Aug 2, 2013.

  1. romanmar

    romanmar

    What's the most effective approach to testing trading ideas?

    I could write a program that will test certain scenarios, and backtest against data or ticking market data. But that is just too time consuming, and I want to leave that for something that I have a high confidence in. My trading involves only stocks and options.

    Any tricks or tips, techniques, low-cost services?

    Anyone used services like fiverr.com to compile research on the cheap, what advice can you give on that?
    What's the most effective way to gather data to test a strategy?

    Can someone share their experiences testing their strategies, explain how they figured out why a strategy failed? Potential pitfalls?
    Any tools, tips to help in gathering data?


    Thanks in Advance.