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Yes, TB has portfolio backtesting. Quite good in fact. But it does not allow you to trade from the platform. Tradestation is great for quick deelopment time and all around ease of use.

That's quite a hefty drawdown. In my own trading, I use a moving average of my system equity to tell me when to stop using a trading system. I suppose you could do the same thing with a hedge fund's equity. I would research another fund with better pain/gain ratio. You said they experienced a...