Understanding Forex trading | Currency Futures


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Understanding Forex trading

  #17 (permalink)

Chicago, Illinois, USA
 
 
Posts: 20 since Oct 2011
Thanks: 0 given, 3 received

Some platforms have great money management features

IQBroker has money management, risk management and position sizing scripts. Their money management lets you transfer cash between your various strategies, their risk management lets you cancel orders that are generated by different trading strategies (I think) and their position sizing (which is what you guys are talking about) lets you.. position size

The really cool thing about this platform is that I can test my trading strategies with various position sizing scripts, thus money management becomes central and easy to use. I really hope that NT8 will have these features otherwise I might have to defect to the new, tiny, IQB camp.

Personally I like back-testing on at least 10 years worth of data, and see stats on at least 500 trades..

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