How do you know if your working EA strategy is no longer working/profitable
If you back-tested and forward-tested thoroughly and got results you liked, your strategy will perform over the long run.
A profitable strategy does not just stop working forever, there are bad times and good times. In the long run, the bad times will be mitigated and the good times will grow your account
Stick to your strategy and do not let your emotions get in the way of your trades. If it worked it will work for you.
If you back-tested and forward-tested thoroughly and got results you liked, your strategy will perform over the long run.
A profitable strategy does not just stop working forever, there are bad times and good times. In the long run, the bad times will be mitigated and the good times will grow your account
Stick to your strategy and do not let your emotions get in the way of your trades. If it worked it will work for you.
Reynaldo, thank for replying! When you mention forward testing, is it using the real-time forward testing or MT5 'forward-testing' from strategy tester ?
Reynaldo, thank for replying! When you mention forward testing, is it using the real-time forward testing or MT5 'forward-testing' from strategy tester ?
Forward-test as in real-time demo trading.
Forward-test as in real-time demo trading.
Noted. Thanks!
Hi friends,
How do you know if your working EA strategy is no longer working/profitable without losing all the profits (before it's too late)
The more suggestion/opinions the better :) Thanks!