BACKTESTING TIPS FOR FOREX TRADING/DAYTRADING [WHAT IS BACKTESTING, BACKTESTING EXPLAINED]

In this video I cover backtesting tips for forex trading and explain, what is backtesting? Tips on how to backtest a strategy and explain is backtesting worth it?

It's a BIG video but I recommend watching it all, even if you just have it on in the background! I go into depth on the WHY of backtesting as much as the normal tips and definitely for people who are skeptical or new to backtesting, I feel it could provide some real value or at least provide some food for thought!

Tradingview link - https://www.tradingview.com/ideas/join/

Forex trading and backtesting is a complicated matter and my videos are for entertainment purposes only. I am not a financial professional and am just sharing my own experiences and views. For any final decisions, always consult a finance professional.

Video order:

00:00 – 01:25 – Intro
01:25 – 01:55 - Who could this benefit?
01:57 – 02:06 - Enjoying the content
02:10 – 02:34 – What is backtesting?
02:34 – 04:39 - Why is backtesting useful?
04:39 – 05:55 - Biggest criticism of backtesting? Debunked.
06:05 – 06:35 - Get a backtesting platform
06:35 – 07:59 - Tip - Journal explained
07:59 - 08.15 - How to make a screenshot link on tradingview
08:15 - 08:52 - How to start backtesting on tradingview, bar replay + go to button
08:52 - 11:00 - How long back to backtest?
11:00 - 11:26 - What about low time frame strategies?
11:26 - 13:20 - Next tip - GO CANDLE BY CANDLE - EXPLAINED
13:20 - 15:25 - Next tip - focus one or two setups MAX per backtesting session
15:25 - 16:45 - Next tip - FORECAST while BackTesting
16:45 - 19:40 - Next tip - RESPECT THE TIME in reality/on backtesting
19:40 - 20:11 - Next tip - use the RISK/REWARD tool
20:12 - 21:40 - Next tip - log the TIME OF DAY you're proposing to take the trade.
21:40 - 22:55 - Next tip - When to register a LOSS?
22:55 - 24:00 - Last tip - REVIEW the results
24:00 - 25:00 - Remember how long LOSSES take!
25:00 - 25:55 - Get confidence from doing it RIGHT.
25:55 - 26:30 - What to expect and remember when in the real live market! +tips to stay focussed.
26:35 - 28:03 - Summary and roundup. Enjoying the content? Like & Subscribe - it means a lot!
#forextrading #backtesting #backtestingtips #backtest #howtobacktest

Видео BACKTESTING TIPS FOR FOREX TRADING/DAYTRADING [WHAT IS BACKTESTING, BACKTESTING EXPLAINED] канала Matt to Million