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IdunCareLesSn00b (November 30, 1999 at 12:00 am)
Anyone who even attempts to provide simulated results as in back tests is a scammer from day 1.
Anyone who finds a decent trading system, and runs it live on there own account, providing live forward testing statements, does not need to put the cftc hypothetical results disclaimer.
There is a reason for this.
Backtest results were never meant to be for how much profit it makes only to see if it is functioning correctly.
Gives backtest results = scammer.
rthawk55 (November 30, 1999 at 12:00 am)
wow these are very astute comments, no back test can prove anything because the exact conditions at that time will never occur the exact same way again
kimflie (November 30, 1999 at 12:00 am)
making an EA that matches the last two years perfectly is no problem..
*look at the last years on usd... making an EA that just bought and sold every month, and backtesting it on "anything", against usd would even show you a profit result.
show us live tests
redcarsarasota (November 30, 1999 at 12:00 am)
Backtesting is worthless
nigex (November 30, 1999 at 12:00 am)
hi, whats the name of this indicator? thanks
ckowyong (November 30, 1999 at 12:00 am)
agreed!! live account statements or at very least forward test account statements for at least 1 month!!
GFCMFX (November 30, 1999 at 12:00 am)
Back Tests means nothing. Show us performance on live trade atleast for 3 months. |