Whats difference of Papertrading and Backtesting?

AI4Finance-Foundation / FinRL-Meta

FinRL-Meta: Dynamic datasets and market environments for FinRL.

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Whats difference of Papertrading and Backtesting? #90

Closed mryneedeffort closed 2 years ago

mryneedeffort commented 2 years ago

jjphung commented 2 years ago

This is the wrong place to ask a question like this. The community slack or a Google search would be a lot more helpful for you. But, I'll take a stab at answering your question. Backtesting tests your strategy using historical data. Paper trading aka forward testing tests your strategy in live market conditions with "simulated" or fake money.

mryneedeffort commented 2 years ago

Thank you for answering my question and sorry for asking here, not next time

YangletLiu commented 2 years ago

It is OK. to ask any question. The team is working actively on Github.