BacktestingMax

THE free backtesting platform.

[BacktestingMax @BacktestingMax]

Say hello to smarter trading! 🚀 Introducing BacktestingMax – the ONLY FREE backtesting platform for Forex, crypto, & stocks. Test your strategies with historical data. Join the revolution today: https://t.co/O0vkHSaGJ1 #BacktestingMax #Trading #backtesting #Crypto #forex

[BacktestingMax @BacktestingMax]

@iamdisplacement A proper strategy.

[BacktestingMax @BacktestingMax]

@_not_a_fish Not following your strategy.

[BacktestingMax @BacktestingMax]

@bobbthetrader Or your strategy just doesn’t work.

[BacktestingMax @BacktestingMax]

@SDX_Trades People are way more hasty when it comes to closing positions that have negative profit compared to the ones that are winning. That’s part of the reason why 95% traders lose money

[BacktestingMax @BacktestingMax]

@jordanfogel Every concept can work, you just need to validate it. Most strategies rely on arbitrary lines

[BacktestingMax @BacktestingMax]

@SheTradesIct Have you backtested it? Does it give systematic returns? Will it work in the future?

[BacktestingMax @BacktestingMax]

How do you actually know that your strategy will make money? You don’t.

[BacktestingMax @BacktestingMax]

@TradingComposur This assumes that the used strategy is indeed profitable

[BacktestingMax @BacktestingMax]

@realweirdgene 1. Create a strategy 2. Backtest it to see if it works 3. If it doesn’t go back to step 1 4. Use your strategy like you used it during backtesting - no emotions, no bullshit

[BacktestingMax @BacktestingMax]

Everyone keeps talking about trading XAUUSD today like it’s not gambling.

[BacktestingMax @BacktestingMax]

I think the trading community is taking the situation in Iran too lightly. I understand that you are holding gold, but that’s not a reason to be happy about a huge war.

[BacktestingMax @BacktestingMax]

@rahmath369 This applies to any trading strategy, not only ICT

[BacktestingMax @BacktestingMax]

@TheH0n3stTrader Why would you waste hours, just do a screenshot and write a couple words, takes a minute

[BacktestingMax @BacktestingMax]

@ajdoestrading Can you confidently say that you backtested this strategy and it got promising results? You can do that for free on our platform btw

[BacktestingMax @BacktestingMax]

I cannot stress this enough, your strategy is not good nor bad unless you test it on at least 100 times while following your rules. I’m sorry, but if you backtested only 10 trades, statistically it doesn’t tell you anything

[BacktestingMax @BacktestingMax]

@reeyah_sa Risk management from the definition includes impatience and overleveraging, there is no such thing as bad strategies, there are just untested ones

[BacktestingMax @BacktestingMax]

@trad_ISABEL Well, gambling your life savings could be fun, but isn’t cool when you lose.

[BacktestingMax @BacktestingMax]

@zaruww Also you need to test your strategie to make sure it’s actually profitable

[BacktestingMax @BacktestingMax]

@iamdisplacement Honestly I wouldn’t encourage people to trade tomorrow…