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Backtesting Strategies Properly·Lesson 22 of 38·22 min

Implement entry signals, stop-loss, take-profit

This lesson is for enrolled learners

The concept in plain words The prior lesson's backtest loop answers "when do I get in," but a complete trading strategy also needs clear rules for "when do I get out" — and getting out usually isn't a single rule, it's at least two: a stop-loss (the price at which you admit the trade is wrong and cut the loss)……

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