AriaS
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I will probably be crucified for this post, but I really come with the best of intentions.
I believe that in the 21st century no one should trade manually. Manual trading cannot be reliably back tested, so it is actually worse than gambling. At least when we gamble, we know what to expect and the outcome is fast. In manual trading, it can take many months or more, to see that a strategy is bad. Through back testing it can take minutes to filter out such a bad strategy. Instead of wasting many months on one strategy (not to mention all the frustration if it fails) you can use this time to back test hundreds strategies and find the one that really works.
Please don’t be scared of Expert Advisors. It’s the 21st century and it would be unwise to ignore the amazing technology that we are blessed to have.
Code your strategies - make them to become EAs and then you can back test them and see if they really work. Nowadays, you don’t even need to hire a programmer for that. Different AIs have amazing coding capabilities.
I coded several of my strategies with the help of Claude. It wasn’t easy to make it understand me, but it was worth it when I saw an EA that performs my strategy perfectly!
Here is another a post of mine about back testing.
Much success, everyone!
I believe that in the 21st century no one should trade manually. Manual trading cannot be reliably back tested, so it is actually worse than gambling. At least when we gamble, we know what to expect and the outcome is fast. In manual trading, it can take many months or more, to see that a strategy is bad. Through back testing it can take minutes to filter out such a bad strategy. Instead of wasting many months on one strategy (not to mention all the frustration if it fails) you can use this time to back test hundreds strategies and find the one that really works.
Please don’t be scared of Expert Advisors. It’s the 21st century and it would be unwise to ignore the amazing technology that we are blessed to have.
Code your strategies - make them to become EAs and then you can back test them and see if they really work. Nowadays, you don’t even need to hire a programmer for that. Different AIs have amazing coding capabilities.
I coded several of my strategies with the help of Claude. It wasn’t easy to make it understand me, but it was worth it when I saw an EA that performs my strategy perfectly!
Here is another a post of mine about back testing.
Much success, everyone!
