Back-testing and Validating Your Trading Plan

Structured back-testing of your trading plan shows you how well it is likely to perform and whether it needs to be modified before you risk your hard-earned capital.  I have been conducting and refining back-testing of my own and others’ trading ideas for decades, and have taught these techniques as part of systems development.  I have also introduced back-testing concepts to many students during the the Advanced Wyckoff Trading Course.

Now I would like to share my insights and approach to back-testing in detail so that you can master this critical skill in a new course: Back-testing and Validating Your Trading Plan.  During this course, we will review your trading plan(s), back-test them and discuss the results.  From these sessions you will be able not only to evaluate the profitability and expectancy of your current trading plan, but also to add this fundamental capability to your arsenal to evaluate any new ideas going forward.

Back-testing and Validating Your Trading Plan is organized in four sections:

First, we will discuss your current trading plans, which will include participant presentations, followed by discussion and suggestions by Roman regarding potential improvements and adjustments to each plan presented.  These sessions will also provide each student with opportunities to learn nuances and distinctions from others' trading plans, as well.  (May 1, 8 and 15, 2017)

Second, we will discuss indispensable elements of back-testing, including how to set up an informative process, what to emphasize during back-testing, and what data should be collected and tabulated during the analysis of results.  (May 22, 2017)

Third, we will break for six weeks to allow participants ample time to conduct back-testing of their plans and ideas.

Finally, we will re-convene to discuss our results and how they can be used to refine our trading plans towards increased profitability.  (July 10 and 27, 2017)

These sessions will be recorded and made available to participants on a password-protected web page for a full year after the course ends (i.e., until August 1, 2018), with an option to extend access for another year for a nominal fee. 

Prerequisite: Completion of Advanced Wyckoff Trading Course or consent of instructor

When: Mondays, May 1, 8, 15, 22 and July 10 and 27, 2017; online 3:00 - 4:30 p.m. PDT

Cost: $399    AWTC graduates who are planning to take the Wyckoff Practicum Trading Course concurrent with Back-testing and Validating Your Trading Plan can purchase both for $999, a savings of $600 over the cost of paying for each separately!

Confidence in trading arises in part from knowing simply that your strategy and trading plan work under a variety of market conditions.  This course is designed to give you that confidence! Please join us!

 

Mr. Roman Bogomazov is an internationally recognized expert on the Wyckoff Method of trading and investing.  He is an Adjunct Professor at Golden Gate University in San Francisco, where he teaches the Wyckoff Method as well as trading plan development, back-testing and trading performance.  He is also President of Wyckoff Associates, LLC, an enterprise providing online Wyckoff Method education to traders throughout the world (www.wyckoffanalytics.com). 

Important Disclaimer: There is a very high degree of financial risk and loss involved in trading securities.  You understand and acknowledge the existence of this risk and also that YOU ALONE ARE RESPONSIBLE FOR YOUR OWN TRADING AND INVESTMENT DECISIONS AND RESULTS.  The materials presented and discussed in this online course are for educational purposes only; nothing contained therein should be construed as investment advice.  Roman Bogomazov ("Presenter") is not a registered investment advisor or broker-dealer and does not purport to recommend or suggest any specific trades or investments in stocks, bonds, e-minis, futures, options, currencies or any other financial instruments or markets. Presenter assumes no responsibility or liability of any kind for your trading and investment results.  It should not be assumed that any trades or investments described or discussed in this course were, are, or will be profitable.