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Old 2009-01-31, 01:59 PM   #44 (permalink)
PipCop
Pip Chief of Police
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Trader for 2 - 4 years
Location: Sterling, VA, USA
Posts: 1,196
My Trading Journal

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Welcome to the site Mike, I am glad you like it.

Just a little tip: Back tests, even at 90% accuracy, will give results that are NOWHERE near live trading. You may as well through them out the window. The only accurate tests are done on live accounts with real money. If you want to test your strategy, throw the robot on a micro or nano account and run it that way, similar to what I am doing here on the site. Personally, I have found that demo accounts are probably only 95% accurate. That 5% can break you in days, as I have found in a few robots that have gone live and fail to perform well at all.
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