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Old 01-11-2009, 11:23 AM
marcjmuller marcjmuller is offline
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Join Date: Feb 2007
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100% correct MiniMine

backtest are useful for develop a strategy and for scam people
there is no reason for Sell good EA for 100, 500 or 5000 USD.

I propose you to open a new tread: SHOW ONLY YOUR FORWARD TRADES.

regards

Lucio

Quote:
Originally Posted by MiniMe View Post
Sound like a bid deal "Dave"

Its easy to scam people with few lines and good backtest, but I do that, I DO NOT sell experts, and if i ever did then only few will be able to afford them.

The point of my post was to show that many traders fall for the trick of the backtest.

A backtest is to help you check the entry and exit if they were coded right or not.

A good backtest results doesn't mean the expert is profitable, it only means the expert may have a chance in live trading.

Even demo trading in many cases is a waste of time, because of the order filling

If you read the notes in many threads that xyz expert is doing fine with this broker and doing bad with the other broker ... and people wonder why is that ? the answer is order filling, many traders wont fill your order when the price hit.

It takes money to make money, if you found or create a good expert you need to test it live, not a backtest nor a demo will show the real performance of the expert.
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