I believe that the evaluation should start even before we get the first simulation results. I mean, we need to make sure that the logic behind the strategy is sound and that it has a good chance of holding up in the future. Then we also need to make sure our historical data is complete and clean. You know, the results won’t matter if we start with shaky logic and bad data. After these initial steps, and still before we even start coding our strategy, we need to focus on real-time data and execution details. Here we need to make sure that it is possible to get the data we need, when we need it, and that it is possible to reasonably execute the trades as soon as we get our signals.
No list of currency trading tips is complete if it doesn't mention strategies. One of the most common mistakes beginner traders make is not creating an action plan.