Forward Testing vs System Specification
Quick comparison to help you distinguish these two crypto terms.
Forward Testing
intermediate
strategy
The practice of executing a trading system's rules on live markets without real capital — recording every signal and outcome in real time — to validate performance before committing actual funds to execution.
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intermediate
strategy
A complete written document defining every rule, parameter, and condition of a trading system in precise, unambiguous language that enables consistent execution without interpretation.
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