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How long do you test you Manual Strategy before going live?
Member Since Jun 02, 2017
13 posts
Jul 04, 2017 at 14:53
can you please, give me an example of a manual strategy that I can try and test, to begin with my gold trading?
Member Since Sep 12, 2015
1933 posts
Jul 05, 2017 at 17:58
Until you know your strategy inside out and is making a consistent profit.
"They mistook leverage with genius".
Jul 06, 2017 at 07:14
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
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
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
Jul 28, 2021 at 11:20
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.
Member Since Jul 23, 2020
696 posts
Aug 04, 2021 at 10:26
It should be practice until you get your desire result.
Member Since Jul 23, 2020
816 posts
Sep 03, 2021 at 16:46
Test strategy until you get your satisfying result.
Sep 06, 2021 at 09:59
@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
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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