Hypothetical trading programs

[Jack Haddad]

The evaluation of performance results from simulated or hypothetical trading models or softwares have inherent limitations. Unlike a performance from an actual trading record, simulated results do not represent actual trading...and therefore, cannot be impacted by brokerage and slippage fees. Furthermore, because the trades have not actually been executed in real time and life, the results may have under or over compensated for the impact of certain market factors-- lack of liquidity. Moreover, similated trading softwares are in general subject to the fact that they're designed with the benefit of hindsight; that said, no representation is being made that any account is likely to achieve profits or losses similar to those shown.

[FirstConsul]

Agreed. Like in "Reminiscences of a Stock Operator":
Some guy crows he can use a pistol and break a glass's stem from 20 feet away.
His unimpressed friend asks if he can shoot that well if it's a gun pointing at him.
Nonetheless, paper trading is good for learning, but you have to be ready to make that jump to real money one day.

[Stocktrading101]

The evaluation of performance results from simulated or hypothetical trading models or softwares have inherent limitations. Unlike a performance from an actual trading record, simulated results do not represent actual trading...and therefore, cannot be impacted by brokerage and slippage fees. Furthermore, because the trades have not actually been executed in real time and life, the results may have under or over compensated for the impact of certain market factors-- lack of liquidity. Moreover, similated trading softwares are in general subject to the fact that they're designed with the benefit of hindsight; that said, no representation is being made that any account is likely to achieve profits or losses similar to those shown.

Need anymore be said? bump to that Jack.