Tuesday, 28 February 2017

Forex Trading Without Emotion

Ultimate Profit Solution

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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