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How long do you test you Manual Strategy before going live?

Lamirt
Dec 29 2016 at 11:32
11 posts
I tested my strategy for 4 months on demo before I opened cent account. After half a year trading cent with 3 last month of consequent profiting I went to live account. I could have started live even earlier but I guess I was experimenting too much at demo and cent stages.

Eino (icepower72)
Jul 04 2017 at 14:53
13 posts
can you please, give me an example of a manual strategy that I can try and test, to begin with my gold trading?

Baldo (BaldoN)
Jul 05 2017 at 14:18
522 posts
Just one strategy could be appropriate for:
   * scalping/ short term
   * long term trading
Trading in the middle will require more then just one style due to market behavior changes


kieran (snapdragon1970)
Jul 05 2017 at 17:58
1945 posts
Until you know your strategy inside out and is making a consistent profit.

"They mistook leverage with genius".
Jack Frost (jackfrost)
Jul 06 2017 at 07:14
7 posts
Strategy developing takes time, and as everyone knows the trend is always shifting, the time of shaping a profitable strategy is not certain. But one can start with the daily analysis provided from the forex company, get to know why do they have this prediction and how do they set the pivot. This would help a lot.

kieran (snapdragon1970)
Jul 06 2017 at 09:19
1945 posts
I remember a certain brokers screen would move up one tick milliseconds before the price would jump,it was very useful for scalping



"They mistook leverage with genius".
leo23
Jul 07 2017 at 05:37
567 posts
How long to test a manual system depends on which timeframe the system uses and how many trades it places in general. For a daily timeframe you should at least test it with 6 months with at least 200 trades.

For lower timeframes the number of trades may increase and the time period of testing may also increase.

The most important thing is backtesting which will save a lot of time in forward testing.

Artificial General Intelligence
Tremblay
May 30 2021 at 07:32
330 posts
I tested about 5 months on a demo account before going live.

SteveHanks
Jul 28 2021 at 10:36
536 posts
Tremblay posted:
I tested about 5 months on a demo account before going live.

Yes. I also practice on the demo to test my strategy.

LukeRachel
Jul 28 2021 at 11:20
477 posts
Have opened a good topic. I have been doing demo trading for a long time. When I saw that I was making a consistent profit on the demo platform, I started trying to get involved in live trading.

SofieAndreasen
Aug 04 2021 at 10:26
759 posts
It should be practice until you get your desire result.


LyudmilLukanov
Sep 03 2021 at 16:46
795 posts
Test strategy until you get your satisfying result.

Akasuki
Sep 06 2021 at 09:59
500 posts
@LyudmilLukanov yes testing strategy is very important. Without testing any strategy we can try it on live account. But unfortunately many people do it.

TomBrunt
Dec 04 2021 at 15:32
13 posts
According to my memory, I tested strategies and tried to trade on demo account for couple of days. When I finally understood that I was ready for live trading, I deposited money to my broker platform and started trading.
Everything because I had theoretical base on that moment. So, if you understand that you don't know enough information about trading and you haven't determined which would be your strategy and on which timeframe you would trade, then perhaps you have to stay on demo, until you find good conditions and find the most suitable timframe.

GraceGilm
Dec 08 2021 at 15:31
154 posts
I immediately put forward some options for start-ups to real life, since sometimes this is what you need to do, there must be a note of risk in your work!

skihav
Dec 08 2021 at 21:07
801 posts
When I started working on the demo account of the broker, I spent more than a month on it. As for me, this is a more correct option for a trader.

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