Testing a Forex Trading System Before Risking Money
forextradingseminar.com Another of the “Forex Trading Secrets” that should be obvious to everyone. Find out yet another tactic that differentiates the successful traders from those who lose.
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Many many thanks.
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Nice vid, thank u.
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In our trading community with hundreds of people around the world we have not experienced that. There can be a psychological difference where I have it before I can’t open and close trades at the price you choose then you really need a new broker.
I have don’t a lot of testing. Back testing and forward testing.
Testing is never the same as live
I have a live and demo account on the same broker, and the demo is up 80% in 3 week, and my live is down 20%.
They opened or tried to open the same trades. live had trouble closing them, this is not the first time this has happened, And it happens on other brokers.
Currently I don’t promote any brokers but prefer, FXCM UK, AC Markets, ODL, Alpari UK, Interactive Brokers and Deutsche Bank.
this is excellent
thanks trade artist
U r giving great advice, indeed thanks is not enuf. Now can u advice the top 5 most reliable companies to open account with ?
The reason for backtesting is because you can gain the equivalent of 5 years of trading experience in one weekend by testing on historical data. Opening a demo account it would take 5 years to get that same experience. Either is fine depending on your goals.
Why back test using historical data? Why not just simply open a demo account and test your system in that manner?
Bravo