A dedicated paper-trading runtime and a realistic backtest engine were built during this period, explicitly modeling transaction costs, slippage and execution delay rather than assuming ideal, frictionless fills. This was a deliberate choice to make early evaluation numbers harder to fool, not easier.
Engineering
A Backtest Engine Honest About Costs
A paper-trading runtime and a realistic backtest engine were built, modeling transaction costs, slippage and execution delay instead of assuming frictionless fills.
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