Let me ask you something honestly.
Why are you allowed to drive a car on public roads? Because you have a driver抯 license, right?
And that license didn抰 come from confidence or motivation. It came from hours of frustrating practice - stalling the engine, making mistakes, almost crashing - not from jumping straight into traffic on day one. Yet somehow, in trading, people do exactly that. Before talking about risk management or trading psychology, pause for a moment and backtest your strategy.
Backtesting is where you find your edge. More importantly, it抯 where you save yourself from burning real money. Don抰 just watch one YouTube video about a 損rofitable strategy?or a shiny new indicator and immediately trade it live. Spend time backtesting it.
You will either: Truly understand how it works and gain real confidence, or Realize it抯 complete garbage and walk away Both outcomes will save you money. Please, be honest with yourself. Stop throwing money out the window.
I wish someone had told me this clearly.
My first year in trading, I ignored backtesting - and I paid for that mistake with real money, real frustration, and wasted time.
Learn from my loss.
Backtest first.
Why are you allowed to drive a car on public roads? Because you have a driver抯 license, right?
And that license didn抰 come from confidence or motivation. It came from hours of frustrating practice - stalling the engine, making mistakes, almost crashing - not from jumping straight into traffic on day one. Yet somehow, in trading, people do exactly that. Before talking about risk management or trading psychology, pause for a moment and backtest your strategy.
Backtesting is where you find your edge. More importantly, it抯 where you save yourself from burning real money. Don抰 just watch one YouTube video about a 損rofitable strategy?or a shiny new indicator and immediately trade it live. Spend time backtesting it.
You will either: Truly understand how it works and gain real confidence, or Realize it抯 complete garbage and walk away Both outcomes will save you money. Please, be honest with yourself. Stop throwing money out the window.
I wish someone had told me this clearly.
My first year in trading, I ignored backtesting - and I paid for that mistake with real money, real frustration, and wasted time.
Learn from my loss.
Backtest first.