Hello Dear fellows
I would like to get your opinions when it is the correct time to switch an EA from demo to live.
what points has to be taken in consideration before turning to live.
When to switch an EA from demo to live
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Jemook
- Trader
- Posts: 1085
- Joined: Thu May 10, 2012 10:19 am
- Location: Bondi, Sydney, Australia
Re: When to switch an EA from demo to live
I could make 100 points to you on this topic but I'm about to go to bed.
1. You need to keep things consistent on your demo and get at least 3-6 months of steady profits first.
2. If you change anything in your system rules then start on a new demo and wait another 3-6 months.
3. Do NOT go live unless you know you will not change anything and stick to your strategy 100% for better or worse.
I just noticed you are talking about an EA. In that case just EA on for a year with money you can afford to lose and just let it run. If it works for a year then look to add more money into it.
1. You need to keep things consistent on your demo and get at least 3-6 months of steady profits first.
2. If you change anything in your system rules then start on a new demo and wait another 3-6 months.
3. Do NOT go live unless you know you will not change anything and stick to your strategy 100% for better or worse.
I just noticed you are talking about an EA. In that case just EA on for a year with money you can afford to lose and just let it run. If it works for a year then look to add more money into it.
Please note I am no longer affiliated with Global Prime. I've moved on to my next adventure with Afterprime.
Catch me here: https://www.afterprime.com
Catch me here: https://www.afterprime.com