Hi Guys,
I'd like to know from the experienced traders here on some tips or suggestions to bear in mind. I am in the process of building a trading system. I'm not a quant guy and neither am I a big fan of EA's so stuff like profit factor/sharpe ratio etc looks good to read for me (and that's about it).
I'm into day 2 of testing my trading system. I've linked it up to myfxbook and FF. Into my 2nd day and managed to find a small improvement to my method.
So the question is...
Besides logging the trades and doing a post trade analysis, is there anything else to bear in mind?
I've (by chance) put my system to the extreme which includes accidentally choosing a rather high spread broker with a min. lot size of 0.1 and plan to trade this method tomorrow (High event day...).
At the end of my testing period, how do I translate the system into a live environment of $500 equity/ 1:100 leverage/ 0.01lot trade conditions?
Any answers to the above + any other inputs welcome.
I'd like to know from the experienced traders here on some tips or suggestions to bear in mind. I am in the process of building a trading system. I'm not a quant guy and neither am I a big fan of EA's so stuff like profit factor/sharpe ratio etc looks good to read for me (and that's about it).
I'm into day 2 of testing my trading system. I've linked it up to myfxbook and FF. Into my 2nd day and managed to find a small improvement to my method.
So the question is...
Besides logging the trades and doing a post trade analysis, is there anything else to bear in mind?
I've (by chance) put my system to the extreme which includes accidentally choosing a rather high spread broker with a min. lot size of 0.1 and plan to trade this method tomorrow (High event day...).
At the end of my testing period, how do I translate the system into a live environment of $500 equity/ 1:100 leverage/ 0.01lot trade conditions?
Any answers to the above + any other inputs welcome.
