Advocating EA trading, happy trading, forex traders with more than 10 years of trading experience,
programming is only an indispensable skill for trading, but also a hobby. I have released some products that I am using and satisfied with.
Welcome fellow quantitative traders to comment and discuss!
programming is only an indispensable skill for trading, but also a hobby. I have released some products that I am using and satisfied with.
Welcome fellow quantitative traders to comment and discuss!
Tiecheng Fu
How to evaluate a trading signal?
Hi guys ,
I just get the post from a forum .
here is the quote :
1 : You have to look at reputable brokers where you fund the account (NFA or FCA ? scam broker?)
2 : You have to see the AUM of the fund, is a 500$ account or 5000$ account, this is an important factor also.
3 : Usually PAMM performs better than signals, less technical problems like trades not copied or slippage.
4 : Do not look only at the profit : In general grid or martingale systems seems they gain a lot, but one day ( without advice you ) the account is destroyed totally.
5 : Be realistic with yourself : If the best Hedge fund traders make 30-50% a year how can you pretend more? You can have more if your risk is incredible high!
6 : Strategy : The best strategy most of the time are FLAT. So they are very selective, you do not have to stay always with open positions in the market.
7 : Try to not follow the mass... the most popular strategies have drawdown of 50% and more... and the mass, the 95% of people lose money in this game.
Hope helpful to you !
Hi guys ,
I just get the post from a forum .
here is the quote :
1 : You have to look at reputable brokers where you fund the account (NFA or FCA ? scam broker?)
2 : You have to see the AUM of the fund, is a 500$ account or 5000$ account, this is an important factor also.
3 : Usually PAMM performs better than signals, less technical problems like trades not copied or slippage.
4 : Do not look only at the profit : In general grid or martingale systems seems they gain a lot, but one day ( without advice you ) the account is destroyed totally.
5 : Be realistic with yourself : If the best Hedge fund traders make 30-50% a year how can you pretend more? You can have more if your risk is incredible high!
6 : Strategy : The best strategy most of the time are FLAT. So they are very selective, you do not have to stay always with open positions in the market.
7 : Try to not follow the mass... the most popular strategies have drawdown of 50% and more... and the mass, the 95% of people lose money in this game.
Hope helpful to you !
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