How-to-monitor-your-real-life-strategies-that-are-being-traded

Question: How best to use Wealthlab to ensure that new strategy being implemented is performing as expected.


Background:

I have implemented a a new trend following strategy that trades a portfolio of assets. So I set up an excel to track profits and loss, various stats, as well as using my iPhone for daily monitoring.

Since this is a new strategy, I did the following. First, I back tested the results for 20 years. Then, paper traded the strategy for several weeks. Now, I have been trading this new Portfolio strategy for a short time.

The back tested strategy gives buy/sell signals. I ended up, copying that strategy using a fixed price position size, (basis for testing is on % of equity trading size), so I can use the equity curve to hopefully see that the new strategy is conforming to my strategy in real time. I am looking at the fixed price trading size strategy settings to monitor the equity curve so I can see if the strategy going forward is giving expected results.

Does this sound right?

Thanks,

Larry