First Post, 3rd account

Discussion in 'Professional Trading' started by onemoreshot, May 8, 2014.

  1. dbphoenix

    dbphoenix

    The "positive expectancy" is irrelevant. Unless and until you test your hypotheses thoroughly, backward and forward, then determine whether or not the plan is consistently profitable, you'll never be able to trust it, and if you can't trust it, you'll never be able to find the discipline to trade it, and absent all that, you'll never be able to trade size.
     
    #21     May 13, 2014
  2. What would you recommend doing to test it correctly. I've done live market sim and also studied previous session charts.
     
    #22     May 13, 2014
  3. dbphoenix

    dbphoenix

    You can start with this: Developing a Plan. Once you have the overview, the following threads may be of help:

    Observation

    Backtesting
     
    #23     May 13, 2014
  4. Great! I'll take a look. I appreciate it.
     
    #24     May 13, 2014