Ultimate Profit Solution
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After
you figure out what style of trading suits you best, it's time to get
some data and do some testing. It makes absolutely no sense to start
trading futures with real money, and not have a strong idea of how
your trading strategy will perform over a long period of time. The
only way to do this is to learn how to back-test your ideas on
historical data.
Many
people do not have the advanced programming skills necessary for
developing an appropriate testing platform. However, there are some
programs out there that are generally adequate for most traders.
Probably the most popular of these tools is Trade Station. This
platform is also included with an online trading platform, which is
convenient.
The
main drawback is that, once you learn the programming language, you
really can only test one market at a time. This is problematic for
traders, such as trend followers, who are looking for a solution to
test strategies across an entire portfolio. For Trade Station users,
the answer to this problem is Traders Studio, which allows the user
to import some Trade Station code, and allows for strategy
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