Screens, Screens, Screens. Backtest, Backtest, Backtest. It just makes things sooo much easier. I must have experimented with at least 20 different kinds of stock screens and/or styles of investing over the past 3 or 4 months. Luckily, the past 4 months have proved to be a good time for testing because of the volatility of the market. It was easy to see which methods of investing held up well when the market was heading down and which ones reacted best when the market was going higher.
There are so many different sites that you can open a simulated stock account that enable you to keep track of how well your strategies are working out. I highly recommend any of them. The practice of back testing pays huge dividends!
There are so many different sites that you can open a simulated stock account that enable you to keep track of how well your strategies are working out. I highly recommend any of them. The practice of back testing pays huge dividends!
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