http://www.stocktradingsoftwarereviews.org/trade-navigator-review/ The worst and best in stock trading software Wed, 10 Mar 2010 19:26:07 +0000 hourly 1 http://www.stocktradingsoftwarereviews.org/trade-navigator-review/comment-page-1/#comment-757 Chuck Fri, 05 Feb 2010 21:28:38 +0000 http://www.stocktradingsoftwarereviews.org/?p=319#comment-757 There’s a large focus on backtesting with this product, and that’s a good sign. Most people don’t take the time to backtest their theories, and I believe this is a huge mistake. I do it quite a bit and it’s actually quite fun. The process is very much like that which scientists follow. First, you develop your theory, either market or stock based. This usually starts as just a hunch. Then you find a way to quantify your theory as a formula. In our case that formula would probably include PE ratios, moving averages, and such. Then you input your formula in the software, hit enter, and watch the magic happen. 95% of the time your theories will be proven worthless, but those other 5% could give you a massive edge over other traders. Just keep it to yourself if you want to keep using it to make money! There’s a large focus on backtesting with this product, and that’s a good sign. Most people don’t take the time to backtest their theories, and I believe this is a huge mistake. I do it quite a bit and it’s actually quite fun. The process is very much like that which scientists follow. First, you develop your theory, either market or stock based. This usually starts as just a hunch. Then you find a way to quantify your theory as a formula. In our case that formula would probably include PE ratios, moving averages, and such. Then you input your formula in the software, hit enter, and watch the magic happen. 95% of the time your theories will be proven worthless, but those other 5% could give you a massive edge over other traders. Just keep it to yourself if you want to keep using it to make money!

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