
Trading
Backtest → Historical Replay → Paper Trading: The Validation Ladder
A backtest, event replay and paper account answer different questions. Use each as a gate—and keep live capital outside the experiment.
Michael Gu
Category
Articles tagged Backtesting.

A backtest, event replay and paper account answer different questions. Use each as a gate—and keep live capital outside the experiment.

Sequence gaps, clock drift, revised candles and vanished assets can manufacture an edge. Here is how to build market data that can be audited.

A reproducible experiment for testing AI forecasts against Polymarket odds without leaking the answer, cherry-picking markets, or pretending paper fills were real.