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.

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[Craig1032003]

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]

@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.

[Goldenshuttle]

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]

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

[pelam1234]

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

[tradeartist]

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.

[purayils]

Many many thanks.

[nikimathers1]

Hey, thanks for the video. You should try bee4 biz (Just google this) they pay more and their support rocks I started earning like 10 times more. You get paid for locking content.

[FreeFOREXautoBOT]

Nice vid, thank u.

[FreeFOREXautoROBOTS]

There is 100% Free EA ...Great results



[youveryeasy]

this is excellent

thanks trade artist