FX Trading Operation Room | 第8回 Before a Demo Trade, Are You Verifying It? [FX攻略.com Editorial Team]

From the standpoint of publishing the only monthly FX information magazine in this country, the purpose of this project is to extract mistakes and common misconceptions that many traders tend to make and share them with everyone. This time, we would like to think about "verification."

【FX Trading Operation Room [FX攻略.com Editorial Staff]】
・Episode 1: League Matches and Tournament Threads
・Episode 2: Before You Start Scalping
・Episode 3: Steps Up to FX Mastery
・Episode 4: Effectively Utilize Various Order Types
・Episode 5: About Searching for the Holy Grail of FX
・Episode 6: Technical Indicators Are Not All-Powerful
・Episode 7: In FX, Range-Bound Markets Are the Normal Mode

Table of Contents

1. Demo trading has become fairly established
2. Test in the past, not the future
3. Validate even techniques learned from teachers
4. If you can visually verify, you can do it right now
5. Summary: Benefits of verifying strategies, how to verify

Demo Trading Has Become Fairly Established

In addition to this book, many FX books say, "Before you start operating with real money, practice sufficiently with demo trading (or with small trades)." This is precisely true, and if you compare it to sports, you should participate in official matches only after ample training and practice matches.

However, before this demo trading, there is another important process that has not been sufficiently established. That process is "verification." If you do not properly perform this verification before demo trading, it will be difficult to make profits in FX.