Test The Rules Before You Trust Them
"An untested rule is just a hunch with confidence."
What it does
Your rules come down to four decisions: the confidence score you need before you act, your stop-loss, your take-profit, and how long you'll hold. Paper trading runs those four rules against real market prices, with no real money.
How it works
Write your rules, switch them on, and the paper account starts acting on the calls that clear your confidence threshold. Positions open, exits trigger, holds run out of time. You change a rule and watch what changes. Nothing is connected to a broker and no real money moves at any point.
Why it's built this way
It answers the question a single call never can: if I had actually followed this, consistently, would it have been worth it? That is a question about your rules rather than about any one company — and this is the only way to find out before the answer gets expensive.
Stop Guessing Which Stock To Look At
Redhound is in beta and free to use. Bring a ticker and see what nine analysts make of it.