NextLevelForex's Feed

NextLevelForex
NextLevelForex Jul 25, 2012 at 19:52
Having seen Fast Forex Millions fail on so many levels, I cleaned up my profile today, and removed all its demo accounts and backtests.
SiriTrades
SiriTrades Oct 05, 2012 at 13:46
Do you have any ideas for why it's performance has been so different from any of your backtest?
NextLevelForex
NextLevelForex Oct 05, 2012 at 14:44
That kind of discrepancy is almost always the result of over-optimization (a.k.a. curve-fitting). Of course the market can also have changed enough to no longer have any resemblance with the past, but given that all other systems I tested did much better than FFM, I vote with curve-fitting.
NextLevelForex
NextLevelForex Jan 21, 2012 at 09:42
I just started a thread for the testing I did and will do with Fast Forex Millions:
http://static.mfbcdn.net/community/general/fast-forex-millions-back-forward/243865,1
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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.