Markets4 min read
Backtesting 101: Why Most Backtests Lie
Survivorship bias, look-ahead bias, and overfitting — the three enemies of every backtester.
QuantNull TeamCFA, MBA

Every beginner builds a strategy that returns 200% in backtesting and 0% in live trading.
The problem is usually one of three biases: survivorship, look-ahead, or overfitting.
Here is how to avoid each one.
Enjoyed this article?
Get stories like this delivered to your inbox.


