ilmscore | Prediction Details
"after learning or creating one you go through historic data and you pick out every time that specific strategy happened in historic data and you write down those results on a Google doc I would suggest a spreadsheet because the calculations are a lot easier you write it down on a spreadsheet and you ask yourself out of a large sample size of trades did double bottoms at support create a profit out of the last 100 200 times that it happened if the answer is yes then you've back tested a strategy that has proven to give you an edge in the market"
By The Trading Channel (The Trading Channel) | October 21, 2022 | Pending
From video
Finally Coming Clean About Quitting Forex... (The Best Decision I ever Made) 00:12:26 - 00:12:56
Interpreted Prediction
Backtesting involves analyzing historical data for a strategy's occurrences and documenting results to determine if it provides a market edge.

Prediction Details

Topic
Forex Trading Strategies

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.