How to test my system Performance?

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.

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.

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.

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.

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.

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

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?

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.

Price action to me is just : Support/Resistance; Trend spotting; Then setup

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.

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.

You always need to adjust your trading system, because the result will depend on it.

Beset way to test is to turn your strategy into an EA and then back test

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.

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.

Use your strategy in demo account and try it out.

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.

Any doubts that you have during the bidding will not affect your result.

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