Backtesting and Trading Tools Quiz

Why is backtesting compared to "watching game film" in sports?

• Because it helps you predict the future.

• Because it tells you when to buy or sell.

• Because it’s about reviewing past performance to learn.

• Because sports are more fun than trading.

Which tool is described as a "time machine for chart history and replay"?

• Think or Swim

• Excel

• TradingView

• Yahoo Finance

In the ORB (Open Range Breakout) strategy what is the signal?

• The sound of profit

• The market opening

• A breakout from the range

• Time to close the trade

Which tool helps you access historical options data and analyze contract details?

• TradingView

• Think or Swim

• Excel

• Robinhood

What’s a key benefit of using Excel in your backtesting workflow?

• Watching price action in real time

• Viewing the options chain

• Logging and analyzing trades systematically

• Drawing trendlines with style

What is a “2-1-2 reversal” part of?

• The ORB Strategy

• Fibonacci retracements

• The Strat setup

• RSI divergences

What is the main purpose of revisiting a failed trade?

• To avoid ever trading that ticker again

• To identify emotional mistakes

• To blame the market

• To learn what could have been done differently

What’s the difference between journaling and hoarding screenshots?

• Journaling is organized and reflective

• Hoarding screenshots is more effective

• Journaling uses memes

• Screenshots are better for memory