Looking for ways to do basic backtesting in Excel. It’s very funny as we all have love/hate sort of relationship with Excel. It is a very good way of doing some quick and dirty testing. Along with Excel being very convenient because of its easy availability, it has some limitations too. However, the learning curve will be pretty short and quick; so you would be able to run some basic backtesting in a matter of no time.
Want to learn a few things before you Automate? The word “Automation” means and sounds to make things easier and task simpler but there are few things or precautions you need to keep in mind or take while first employing these automated systems.
Looking to find out about the demerits of using automated systems? Automated systems are rules given to a computer to execute when given criteria’s are met.
There’s a very long list of advantages of using a computer to monitor the trading market and its opportunities i.e., buying and selling points and executing the trade automatically.
The automated trading system also knows mechanical trading, automatic trading, or algorithm trading – which allow traders to set particular rules for both entry and exit points. Once automated trading is programmed it can be executed automatically through the computer.