Comments on: Testing a Forex Trading System Before Risking Money

By: Testing a Forex Trading System Before Risking Money | Forex … | www.ForeXperiod.com

Tue, 02 Feb 2010 22:25:56 +0000

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By: tradeartist

tradeartist — Tue, 02 Feb 2010 18:20:58 +0000

@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.

By: Craig1032003

Craig1032003 — Tue, 02 Feb 2010 18:20:58 +0000

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.

By: tradeartist

tradeartist — Tue, 02 Feb 2010 18:20:58 +0000

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.

By: youveryeasy

youveryeasy — Tue, 02 Feb 2010 18:20:58 +0000

this is excellent
…
this is excellent
thanks trade artist

By: Goldenshuttle

Goldenshuttle — Tue, 02 Feb 2010 18:20:58 +0000

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 ?

By: tradeartist

tradeartist — Tue, 02 Feb 2010 18:20:58 +0000

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.

By: ATB903

ATB903 — Tue, 02 Feb 2010 18:20:58 +0000

good video thanks
good video thanks

By: pelam1234

pelam1234 — Tue, 02 Feb 2010 18:20:58 +0000

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?

By: ForexDealer

ForexDealer — Tue, 02 Feb 2010 18:20:58 +0000

Bravo
Bravo