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How long do you test you Manual Strategy before going live?
Member Since Jun 02, 2017
13 posts
Member Since Sep 12, 2015
1933 posts
Jul 05, 2017 at 17:58
Member Since Sep 12, 2015
1933 posts
Until you know your strategy inside out and is making a consistent profit.
"They mistook leverage with genius".
Jul 06, 2017 at 07:14
Member Since Jun 20, 2017
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.
Member Since Sep 12, 2015
1933 posts
Jul 06, 2017 at 09:19
Member Since Sep 12, 2015
1933 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".
Jul 07, 2017 at 05:37
Member Since Oct 12, 2016
778 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.
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
Member Since Mar 16, 2021
447 posts
Member Since Jul 23, 2020
696 posts
Member Since Jul 23, 2020
816 posts
Sep 06, 2021 at 09:59
Member Since Mar 28, 2021
586 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.
Dec 04, 2021 at 15:32
Member Since Sep 05, 2020
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.
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.

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