Testing a Forex Trading System Before Risking Money

http://forextradingseminar.com Another of the “Forex Trading Secrets” that should be obvious to everyone. Find out yet another tactic that differentiates the successful traders from those who lose.

Duration : 0:15:29


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9 Responses to “Testing a Forex Trading System Before Risking Money”

  • tradeartist says:

    @Craig1032003
    In …

    @Craig1032003
    In our trading community with hundreds of people around the world we have not experienced that. There can be a psychological difference where I have it before I can’t open and close trades at the price you choose then you really need a new broker.

  • Craig1032003 says:

    I have don’t a lot …
    I have don’t a lot of testing. Back testing and forward testing.
    Testing is never the same as live
    I have a live and demo account on the same broker, and the demo is up 80% in 3 week, and my live is down 20%.
    They opened or tried to open the same trades. live had trouble closing them, this is not the first time this has happened, And it happens on other brokers.

  • tradeartist says:

    Currently I don’t …
    Currently I don’t promote any brokers but prefer, FXCM UK, AC Markets, ODL, Alpari UK, Interactive Brokers and Deutsche Bank.

  • youveryeasy says:

    this is excellent

    this is excellent
    thanks trade artist

  • Goldenshuttle says:

    U r giving great …
    U r giving great advice, indeed thanks is not enuf. Now can u advice the top 5 most reliable companies to open account with ?

  • tradeartist says:

    The reason for …
    The reason for backtesting is because you can gain the equivalent of 5 years of trading experience in one weekend by testing on historical data. Opening a demo account it would take 5 years to get that same experience. Either is fine depending on your goals.

  • ATB903 says:

    good video thanks
    good video thanks

  • pelam1234 says:

    Why back test using …
    Why back test using historical data? Why not just simply open a demo account and test your system in that manner?

  • ForexDealer says:

    Bravo
    Bravo

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