HOW GOOD IS YOUR STRATEGY — REALLY!? 🤔
You might think your strategy is solid, but here’s how to find out for real:
1️⃣Backtest it
Run it through past market data. If it made consistent profits before, that’s a good sign.
2️⃣Demo trade if neeeded
Test it live without risking real money. See how it performs when real emotions kick in.
3️⃣Track everything
Journal every trade, wins, losses, setups. Patterns don't lie, feelings do.
4️⃣Stay disciplined
A strategy only works if you follow it without emotional shortcuts.
5️⃣Review and refine
Constant improvement is key. Even good strategies need upgrades over time.
Bottom line: If you can’t prove it with data, it’s just wishful thinking ‼️😨