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How to test my system Performance?
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LeviSievwright5

Member Since Jul 20, 2020  156 posts LeviSievwright5 Oct 01 at 01:34
The first thing you need to look at is the market context. 4 types of context such as volatile / non volatile / impulsive / and corrective. Trading is done by combining support and resistance levels with these 4 things but the amount of loss will be reduced a lot.

ElliotCooke

Member Since Jul 20, 2020  221 posts ElliotCooke Oct 05 at 12:05
If you want to become a good and professional trader you need to have a plan to deal with the losses. If you can deal with the losses it is possible to overcome the loss and make a profit from this market.

Calacti

Member Since Jun 17, 2020  27 posts Calacti Oct 08 at 10:55
You need to backtest your strategy to know its worth. I personally find moving averages very simple to grasp, and something that has been working profitably for me for the last couple of months.

Shelby10

Member Since Jul 15, 2020  90 posts Shelby10 Oct 09 at 11:52
Every new trader should work hard to make money from this market.

Kazile

Member Since Apr 25, 2020  76 posts Kazile Oct 12 at 04:19
To achieve a result, you need to spend maximum time and effort, and then you will receive a certain income.

williamhayes

Member Since Jul 09, 2020  15 posts williamhayes Oct 15 at 05:21
Plan out your strategy and use it on the demo account for the time being, so that you get an idea about how it will be later. You can keep testing different strategies and then analyses them accordingly.

marnuslabushane

Member Since Oct 06, 2020  24 posts marnuslabushane Nov 09 at 09:41
After practicing price action for around 4 months on my demo account, I have now decided to go live. But I am still losing confidence and can’t really decide if I should go live at the moment or not.

Josuvaphilip

Member Since Oct 09, 2020  20 posts Josuvaphilip Nov 09 at 12:06
In order to become a successful trader, you must be able to deal with the losses. They are an important part of your trading.

Adamgylicrist

Member Since Oct 19, 2020  17 posts Adamgylicrist Nov 11 at 05:36
You can start with working on your strategy first. You can also try it on a demo account with any reliable broker and see if it is ready for a live account. Make sure you go for a profitable one.

Mikehamilton

Member Since Oct 14, 2020  19 posts Mikehamilton Nov 11 at 09:43
Forex trading is full of risks and you will encounter them from time to time. So don’t worry and focus on coping with your losses.

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EURUSD 1.1908 GBPUSD 1.33346
USDJPY 104.262 USDCAD 1.30147

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.