Read moreTrading costs are something that few people takes into account on automated trading even when it affects a lot on the profitability.
The importance of trading costs over the long time
Depending on the kind of system you are running, trading costs can have a very important impact. On systems such as scalpers, that targets just a few pips on every trade, trading costs are incredibly high, but even if you trade only long term profitable systems (which...Read moreSometimes we forget that the market can do whatever he wants and it's the EA work to react to any market behavior.
Think long term when improving your strategy
How short term thinking works Whenever a basket of trades goes into positive territory promising nice gains and then the market reverses and RobinVOL closes at breakeven or with a loss, I usually receive the same kind of comments with suggestions to improve the...Read moreThe beauty of this is that you just need a quick look at any published backtest to check almost all of them.
Essential long term profitability requirements
Fully analyzing a strategy or an EA to the point of being confident about letting it to touch my money is time consuming. There are thousands of free and commercial strategies available, and analyzing all of them would be unavoidable. Fortunately, it is easy to...Read moreIf you want to achieve long term profitability, there are some steps before committing real money to a given strategy.
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