Hi to all,
my question is simple, and I'll try to explain (sorry for english): what is time after which you can say "I've made money with forex treading?
I'm trying several EAs, all based on grid systems. I've get ideas from forums and now I'm trying to code something myself.
Talk about demo account; I start with 100EUR, and this is balance at the and of each week:
1st week: 131 EUR
2nd week: 121 EUR
3th week: 145 EUR
4th week: 139 EUR
Now let's talk about backtests and optimization:
I've made optimization through 3 years; best result is +1407 EUR
I use same settings for different time backtests:
3 yer: +1407 EUR
2 year + 409 EUR
1 year -188 EUR
1 month: 1.18 EUR
How can I understand if an EA or trading system is really profitable?
1 week profitable, 2nd not profitable, 3th week yes: when you can stop, calculate an average and say: yes, it is profitable, or not, it isn't?
Sorry for confusion and bad language.
Thank you very much!
my question is simple, and I'll try to explain (sorry for english): what is time after which you can say "I've made money with forex treading?
I'm trying several EAs, all based on grid systems. I've get ideas from forums and now I'm trying to code something myself.
Talk about demo account; I start with 100EUR, and this is balance at the and of each week:
1st week: 131 EUR
2nd week: 121 EUR
3th week: 145 EUR
4th week: 139 EUR
Now let's talk about backtests and optimization:
I've made optimization through 3 years; best result is +1407 EUR
I use same settings for different time backtests:
3 yer: +1407 EUR
2 year + 409 EUR
1 year -188 EUR
1 month: 1.18 EUR
How can I understand if an EA or trading system is really profitable?
1 week profitable, 2nd not profitable, 3th week yes: when you can stop, calculate an average and say: yes, it is profitable, or not, it isn't?
Sorry for confusion and bad language.
Thank you very much!