From Backtest to Live
The careful, staged path from a promising backtest to real capital.
Lessons
- Paper Trading: The Reality CheckRun the strategy live with fake money first. The gap it reveals between backtest and reality.
- Forward Testing & TrackingComparing live results to the backtest expectation — your early-warning system for decay.
- Scaling In with Real MoneyStart small, prove it lives, then add size. Why ego makes people skip this and pay for it.
- Monitoring for Strategy DecayEdges erode as others find them. The signs your strategy is dying, and when to retire it.
- Execution & AutomationBridging signal to order — and the operational risks that can undo a perfect strategy.