ilmscore | Prediction Details
"back test your trading strategy in order to increase belief if you're trading a system or a strategy or God forbid you're just trading without a system and placing buy and sell orders based on emotions like I did at the beginning of my career you definitely got to stop doing that but if you're trading just based on strategy you've never tested you're just believing what somebody else said that taught it to you or you're just placing trades based on what you think may work and you've never tested it in historic data you're going have a really hard time sticking to that strategy"
By The Trading Channel (The Trading Channel) | September 5, 2023 | Pending
From video
TECHNICAL ANALYSIS 3 Secrets That Saved My Trading Career... (And may save yours) 00:19:27 - 00:19:58
Interpreted Prediction
Backtesting a trading strategy is essential to build belief in it, preventing emotional trading and the tendency to switch strategies without proof of their efficacy.

Prediction Details

Topic
Trading Psychology

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