ilmscore | Trading Practice Predictions
Tra

Trading Practice

Topic
N/A
Accuracy

Recent Predictions

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Traders should practice and perfect any trading system through extensive backtesting and forward testing.
"you need to go practice and perfect this system through the process of back testing and forward test..."
The Trading Channel (The Trading Channel) The Trading Cha...
Jun 23, 2022
Pending
3 Technical Analysis...
Backtesting, while time-consuming, is a significantly faster method to gain experience with a trading strategy compared to relying solely on real-time trading over years.
"Back testing takes a long time but in order to gain that much experience in real markets it would ta..."
The Trading Channel (The Trading Channel) The Trading Cha...
Oct 13, 2021
Pending
The 3-Step Price Act...
Backtesting provides essential practice for quickly identifying trading patterns and demonstrates the strategy's profitability over a large sample size, thereby increasing confidence and belief.
"Back testing is going to give you that practice you need for you to be able to spot the pattern quic..."
The Trading Channel (The Trading Channel) The Trading Cha...
Oct 13, 2021
Pending
The 3-Step Price Act...
Demo trading, when conducted with a specific trading plan and adherence to rules, can further increase belief in a strategy if profitability is achieved over a month.
"Demo trading... if you're seeing yourself go in and out of trades in a live market situation for let..."
The Trading Channel (The Trading Channel) The Trading Cha...
Oct 13, 2021
Pending
The 3-Step Price Act...