Actually, I have never seen any entry signal that would not produce false buy and sell signals from time to time.

In my opinion, the risk is much smaller with a good automated system because the system will always follow the rules.

I don’t understand why some people people are raving fans for stock A or B. Stocks are something that I wouldn’t trade because stocks belong to companies and companies can declare insolvency.

The good thing is that it is almost no effort to test an idea in a back test.

Actually, I think that learning how to code your own trading system is the best way to do it because it will give you the ability to change and improve your system at any time.

Average weather does not mean that we don’t have cold summer days or warm winter days. But on average a winter day is cold and a summer day is warm.

You can get the necessary experience in a fraction of the time that will be required for discretionary traders.

You can measure results, change one thing and measure the new results again. If your results are better, you might have found an improvement. What do you do when you think that you have found a market advantage? I will go through my testing process to prove or disprove it. The idea is to stick to the trading rules and not to do something stupid.

The idea is to minimize the risk and make a profit.

I am willing to grow with my system and every day without manipulations is a good day in my eyes.

The risk setting is something like the gas pedal in your car. If you drive too fast, you will probably not be able to stay on the road.

Trading data is very valuable because it will make it possible to trust your trading system based on your own results.

Why are you interested in trading? Most people say that it is about the money, but I think excitement is the real motivator for a lot of them. A strategy test is when you compare results for a system set up. For example, you could exchange the MACD entry signal with a Bollinger Bands entry signal and trade the same historical data with all the other settings unmodified.

Wouldn’t it be better to turn off that computer and stop doing things most people on this planet consider to be a waste of time?

If one of the technical indicators would be able to predict the future, why should anybody trade something else?

You need to grow with your account and your system. Therefore, I always encourage the premium course members to start with a low risk. One of my former brokers in the UK went bankrupt in January 2015 and thousands of traders have made big losses.

You can do a back test again and again with the exact same historic data, changing one little thing in the settings each time.

A strategy test is like repeating the past using exactly the same price movements each and every time.