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How to test my system Performance?

LeviSievwright5
Oct 01 2020 at 01:34
298 postów
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
Oct 05 2020 at 12:05
341 postów
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
Oct 08 2020 at 10:55
37 postów
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
Oct 09 2020 at 11:52
140 postów
Every new trader should work hard to make money from this market.
Kazile
Oct 12 2020 at 04:19
119 postów
To achieve a result, you need to spend maximum time and effort, and then you will receive a certain income.
williamhayes
Oct 15 2020 at 05:21
39 postów
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
Nov 09 2020 at 09:41
40 postów
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
Nov 09 2020 at 12:06
27 postów
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
Nov 11 2020 at 05:36
38 postów
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
Nov 11 2020 at 09:43
33 postów
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.
Malajind
Nov 11 2020 at 11:17
75 postów
You just need to learn to control your emotions, not to panic, focus on this, develop a strategy correctly, test it on a demo account, and then the risks can be minimized.
RobSchiz
Jul 27 2021 at 10:46
567 postów
Malajind posted:
You just need to learn to control your emotions, not to panic, focus on this, develop a strategy correctly, test it on a demo account, and then the risks can be minimized.
Yes. controlling your emotions is very important in this market.
LyudmilLukanov
Sep 03 2021 at 16:50
869 postów
Backtest it or try in the demo account.
Zyakko
Dec 04 2021 at 20:08
9 postów
You can test your strategy or your system only either on demo or real accounts. Of course, you can apply to expert advisors however I don't think it's a good idea because you will have to pay for them.
Anyway, try to stay on demo for couple of days and test your strategy. It's the most reliable option for you and you don't even need to risk your money, because on demo they're provided by the broker.
So, after your successful testing you can move on to the real account and test your strategy on a real one, when you will see that your strategy don't work anymore, change it.
GraceGilm
Dec 08 2021 at 15:30
154 postów
Can't you test your system on a demo? or is there no such option?
skihav
Dec 08 2021 at 21:08
801 postów
It is quite correct to pay attention to this on a demo account. So you can work out the strategy without possible losses.
LukeRachel
Dec 09 2021 at 01:14
477 postów
GraceGilm posted:
Can't you test your system on a demo? or is there no such option?
Why? I know everything can be used on the demo platform like live trading.
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