First Forward Testing of the system a Success [MOV]

Posted by Investing Freak on May 07, 2009
General

Forward testing is when you use a strategy and instead of back-testing it with previous data you actually test it going forward and preferably with real money.
For my new system MOV became that victim stock to be tested.

I first got a buy signal on  April 17 2009 (Bought on the 20th at market open), i got in at 7.67.
I got a sell signal on May 5th 2009  and I sold at  8.81 with a market order.

I got about 14% profit on a 19 day long trade.
I don’t have a chart to post with this one but just wanted to say this first forward testing trade worked well.

Here’s to more good trades.

-K

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