How to test my system Performance?

Jul 26, 2020 at 15:33
1,529 Angesehen
28 Replies
Mitglied seit Apr 07, 2020   9 Posts
Jul 26, 2020 at 15:33
Hi Everybody
I have traded from October last year in demo and till now I couldn't trust my trading and its performance.
Now I need your help to trust my system and strategy. How I trade?
Yes, I trade with a system that someone told me in a tutorial and It's price action.
But It doesn't work, maybe because I have not understand it well or It doesn't work at all.
So I will be thanks That you help me to test it or change it.
Trading Is My Point Of view
Mitglied seit Oct 01, 2019   49 Posts
Jul 26, 2020 at 23:43
I trade based on price-action as well. Best thing I could tell you is to just take that first step into the water. Use your real account, minimum risk - 0.01. If it's not working, take less trades and be more selective. All you have to do is repeat your good trades under the same conditions.
Mitglied seit Jul 27, 2020   102 Posts
Jul 27, 2020 at 06:30
It could be possible that you have not grasp the concept of the price action, or the trading itself. Why don't you try to experiment and strategize your trading style in demo account? I am sure it would help if you find something different.
Mitglied seit Apr 07, 2020   9 Posts
Jul 27, 2020 at 07:20
cardigan posted:
It could be possible that you have not grasp the concept of the price action, or the trading itself. Why don't you try to experiment and strategize your trading style in demo account? I am sure it would help if you find something different.

I tried to do it but I think it doenst answer me what I want.
You know I think it is not a good strategy and will make me dissapointed.
Trading Is My Point Of view
forex_trader_795593
Mitglied seit Oct 09, 2019   32 Posts
Jul 27, 2020 at 11:05 (bearbeitet Jul 27, 2020 at 11:12)
yasernabavi posted:
cardigan posted:
It could be possible that you have not grasp the concept of the price action, or the trading itself. Why don't you try to experiment and strategize your trading style in demo account? I am sure it would help if you find something different.

I tried to do it but I think it doenst answer me what I want.
You know I think it is not a good strategy and will make me dissapointed.
It could mean that the strategy was not good, however, do not feel disappointed. Just try to experiment, just like what that user said. Keep trying and you will find out the changes. Do not lose the hope.
Mitglied seit Apr 07, 2020   9 Posts
Jul 30, 2020 at 08:24
Wow, absolutely it's true.
You know when you trading for 6 month and any one doesn't pay you any penny you will be tired.
But I love it.
Even after I loosed two accounts.
Thanks every one
Trading Is My Point Of view
Mitglied seit Apr 07, 2020   9 Posts
Jul 30, 2020 at 08:26 (bearbeitet Jul 30, 2020 at 08:27)
cardigan posted:
It could be possible that you have not grasp the concept of the price action, or the trading itself. Why don't you try to experiment and strategize your trading style in demo account? I am sure it would help if you find something different.
what is your exact strategy for price action?
 what tools you use?
Trading Is My Point Of view
Mitglied seit Jan 26, 2020   18 Posts
Jul 30, 2020 at 18:16
It's okay when you're not making things work. You don't have to be disappointed, trading is hard work. I don't know what the problem could be. But maybe it will help you if you deviate a bit from the 'pattern' of your strategy, and make some adjustments there. You'll adjust it a little bit so a strategy could suit you better. Don't worry, you'll definitely succeed. You can also google the strategies on YouTube, there are a lot of materials on this subject.
Dagdakelv
Mitglied seit Oct 01, 2019   49 Posts
Jul 30, 2020 at 19:51
Price action to me is just : Support/Resistance; Trend spotting; Then setup
Mitglied seit Jul 19, 2020   2 Posts
Aug 01, 2020 at 05:00
I am a very new trader - only 3 mths. I am learning a lot from https://www.tradingwithrayner.com/academy/
Free training and very simple to understand.
Mitglied seit Jun 21, 2020   59 Posts
Aug 01, 2020 at 07:14
yasernabavi posted:
Hi Everybody
I have traded from October last year in demo and till now I couldn't trust my trading and its performance.
Now I need your help to trust my system and strategy. How I trade?
Yes, I trade with a system that someone told me in a tutorial and It's price action.
But It doesn't work, maybe because I have not understand it well or It doesn't work at all.
So I will be thanks That you help me to test it or change it.
You don't trade system someone thought you, but instead develop yours, I trade my system and update my trading style each week to keep profit steady.
NO EMOTION DURING TRADING.
Mitglied seit May 24, 2020   112 Posts
Aug 18, 2020 at 06:52
You always need to adjust your trading system, because the result will depend on it.
Mitglied seit Feb 13, 2019   10 Posts
Aug 18, 2020 at 12:24
Beset way to test is to turn your strategy into an EA and then back test
Mitglied seit Jul 19, 2020   788 Posts
Aug 18, 2020 at 22:45
When I was a new trader I ran after many new strategies and at the end of the day, I found a good strategy. The trading system is currently able to make me a lot of profit. I have used many types of strategies, but I think the market context is the best strategy. The market operates in 4 ways such as volatile / nonvolatile / impulsive / corrective. If this subject seems easy to a trader, he can easily make a profit. With this context and if you use support/resistance level, you can make a lot of profit from the market.
Mitglied seit Jul 20, 2020   298 Posts
Aug 18, 2020 at 23:55
There are many types of analysis in the forex market. I do a lot of analysis and use a lot of strategies to do this analysis. But I think the sentimental analysis is the best. But I think trading is a psychological game. Because you do not use that strategy. If Psychology is not right, you can never make a profit. There are many traders whose Psychology is very weak, even though their analysis is good, they make a loss in trading. So no matter how well you analyze in trading, it is impossible to make a profit if you do not have the right psychology.
Mitglied seit Jul 27, 2020   102 Posts
Aug 19, 2020 at 06:07
Use your strategy in demo account and try it out.
Mitglied seit May 13, 2020   128 Posts
Sep 18, 2020 at 07:13
LeviSievwright5 posted:
There are many types of analysis in the forex market. I do a lot of analysis and use a lot of strategies to do this analysis. But I think the sentimental analysis is the best. But I think trading is a psychological game. Because you do not use that strategy. If Psychology is not right, you can never make a profit. There are many traders whose Psychology is very weak, even though their analysis is good, they make a loss in trading. So no matter how well you analyze in trading, it is impossible to make a profit if you do not have the right psychology.

Much really depends on the psychological attitude, and confidence should be in your work.
Mitglied seit May 24, 2020   112 Posts
Sep 28, 2020 at 14:13
Any doubts that you have during the bidding will not affect your result.
Mitglied seit Sep 07, 2020   63 Posts
Sep 29, 2020 at 07:06
That is what demo trading comes in action. They are intended in such way to help you out with your trading system and performance evaluation so that you can get better in time
Mitglied seit Jun 30, 2020   90 Posts
Sep 30, 2020 at 12:14
We can say that this is such an auxiliary element that can always help in any situation, check your strategy and certain skills.
Anmelden / Registrieren to comment
You must be connected to Myfxbook in order to leave a comment
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.