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Kingpiper (By alexismix6)
The user has deleted this system.
Kingpiper Discussion
Jul 11, 2016 at 14:07
132 Views
4 Replies
Member Since Jun 16, 2016
3 posts
Aug 30, 2016 at 11:05
Hi Everyone! I'd like to have some advise from the community :)
My question is, how long would you test a system on a Demo before you jump to a Real Account? I did some backtests to this system and gave me good results, also been running it on a Demo for around 2 months and it seems to work as I expected.
It is a really simple system based on high RSI values with a fix TP and a manually entered SL, it's going to be my first time running an account with my real money in it, so i want to be sure I won't lose it :D!
Any recomendations?
Thank you!
My question is, how long would you test a system on a Demo before you jump to a Real Account? I did some backtests to this system and gave me good results, also been running it on a Demo for around 2 months and it seems to work as I expected.
It is a really simple system based on high RSI values with a fix TP and a manually entered SL, it's going to be my first time running an account with my real money in it, so i want to be sure I won't lose it :D!
Any recomendations?
Thank you!
Member Since Feb 22, 2011
4573 posts
Aug 30, 2016 at 13:46
alexismix6 posted:
Hi Everyone! I'd like to have some advise from the community :)
My question is, how long would you test a system on a Demo before you jump to a Real Account? I did some backtests to this system and gave me good results, also been running it on a Demo for around 2 months and it seems to work as I expected.
It is a really simple system based on high RSI values with a fix TP and a manually entered SL, it's going to be my first time running an account with my real money in it, so i want to be sure I won't lose it :D!
Any recomendations?
Thank you!
How did you backtest ...manually entered SL?
Member Since Jun 16, 2016
3 posts
Aug 30, 2016 at 15:16
togr posted:alexismix6 posted:
Hi Everyone! I'd like to have some advise from the community :)
My question is, how long would you test a system on a Demo before you jump to a Real Account? I did some backtests to this system and gave me good results, also been running it on a Demo for around 2 months and it seems to work as I expected.
It is a really simple system based on high RSI values with a fix TP and a manually entered SL, it's going to be my first time running an account with my real money in it, so i want to be sure I won't lose it :D!
Any recomendations?
Thank you!
How did you backtest ...manually entered SL?
Actually I did the backtests with a fix and conservative SL, which gave me good results. Now with the Demo account I'm setting SL manually to each trade depending on what I consider better for the market situation :)
Member Since Jun 16, 2016
3 posts
Aug 30, 2016 at 15:17
Magiic posted:
Hey Alexis
If it's performing as it did the back tests, and as it's avg pips are 15-30 I would go live with it. Of course have your back tests worst DD as a warning and make sure that amount of % in $ isn't damaging to you.
Cool, I'll let you know when I make the big step :D
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