You decided to backtest a trading strategy, but before you backtest, you need to have a clear picture in your mind of what you are going to backtest. That is what is the trading logic or hypothesis of this backtest. If you are clear with the trading logic, then only you can backte...
Remember, all we should be doing is identifying our trading edge and then executing the trade when the edge is present. Trying to find every little reason why a trade won’t work shows a complete misunderstanding of therandom distribution of wins and lossesfor any given trading strategy or ed...
Test your trading strategy using historical data to see how it would have performed in the past. This process, called backtesting, allows you to evaluate the effectiveness of your approach in a simulated environment, identifying potential strengths and weaknesses before risking real money. #8. Per...
In this week’s lesson, I am going to share with you a proven technique for becoming a “Master” of your Forex trading strategy. If you’re a regular reader of my blog then you know that I refer to “mastering” your trading strategy in many of my artic
Testing your binary options strategy is your first step to becoming a successful trader. It can save you from unnecessary losses and make you more money – there is no good reason to forgo testing. How Do I Test My Trading Strategy? The most important value of your binary options strategy ...
There has never been a company that could consistently generate huge profits through automated or signal trading. If they could, they would never offer it to traders for free. Sometimes, when you are unsure, it's good to fall back on common sense: if it sounds too good to be true, it...
Here is my promise to you: By the end of this post, if you follow the strategies I outline, you will have created a crystal clear, well-defined marketing strategy that will help you surpass your competition. Are you ready? A Simple 2-Step Process To Developing A Winning Marketing Strateg...
If you have hours during the week, when it is difficult or inconvenient for you to trade, schedule time each week to work out the best day trades over the weekend. Look at as many trading systems and strategy variations as you can. In this time slot, eliminate the least effective setup...
Of course, this piqued my interest and I went off and changed the code and ran it. The new strategy lost money. Hum. Why the difference? Step 1: The Rules Well, I know that we are not trading the exact same rules. Maybe there is a difference in our rules causing the big diffe...
Backtesting allows a trader to simulate a trading strategy usinghistorical datato generate results and analyze risk and profitability before risking any actual capital. A well-conducted backtest that yields positive results assurestradersthat the strategy is fundamentally sound and is likely to yield pr...