Beginning early next year, Fidelity Investments will enable investors to backtest their trading strategies online at no cost through a service called Wealth-Lab Pro.

It will educate investors about various trading strategies and test those strategies against individual stocks.

“It’s important that all investors who actively trade a stock portfolio have the ability to test and modify their trading strategies in a fact-based way, rather than relying on gut and instinct, which can often be misleading,” said Sanjiv Mirchandani, president of product marketing at Fidelity Personal and Workplace investing.

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