Most back testing is useless

If back testing on excel ,manual back testing or using automated software , then applying it on manual trading ,it will be totally inefficient back testing.This is because backtesting has no emotions , stress or any phsychological handicaps being back tested .Backtesting in such an inappropriate environment without emotions , stress or any phsychological handicaps , for which it will not be used , is useless and the dumb trading industry does it .

Results are much worse on actual trading .Most people can not replicate demo results or back testing results on live accounts.On live accounts ,trading psychology , execution liquidity and human commands element is involved


Traders have zero edge , unless you have a mental edge .All your illusionary edges are worth zero , if you can't execute your edge.

https://www.youtube.com/watch?v=GhKJ...ature=youtu.be

Most back testing is useless