Market Intelligence › Basic Terminologies
Following the rules in the live market without investing money.
Published by The Retail Trader · JUL 31, 2026 · Risk Management
Forward Test / Paper Trading — Following the rules in the live market without investing money.
This term comes under Risk Management, in the "NUMBERS OF SYSTEM" section. This tells you whether your method is actually working or not:
Other terms in this group — understanding them together is more useful:
• Win Rate
• Average Win / Average Loss
• Expectancy
• Profit Factor
• Backtesting
• Sample Size
• Edge
• Equity Curve
• Trading Journal
To read the entire group and all its examples at one place, see the journal "RISK MANAGEMENT: DICTIONARY OF AVOIDANCE" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.