Trading is a business, not a hobby. Forex Tester 3 saved my money Hey traders, this post is a review on the software, Forex Tester 3, that I use everyday for my strategy back testing. If you would like to have a free trial you can get it here. Lots of people who are struggling with their trading methods for a long time are looking for help on how they can start profitchart back testing forex Forex trading as a serious business and quantify their results.
Why am I writing to you? Which is the best back-testing software? What is the most affordable testing software? Should I use Forex Tester or Traders Gym? So I want to share my experience with you, and also explain to you a few things about Forex Tester software, why I use it, how to get it, and I will compare FT with other companies.
Forex Tester was founded in 2006, and today it has become the single most powerful and popular Forex back-testing software provider. Below is my personal experience of how I got to know this company and their software, and how they changed my life. Many of you might not believe it, but i am not a smart person and I learnt everything through the hard way. Years ago, I was struggling with my trading, because my results were inconsistent. Like many other traders in this market, I was jumping from one strategy to another.
I surfed the internet and forums for trading systems that I agreed with and made sense. I believed firmly in my chosen system and invested time and money into trading it. Most of the time, the system worked really well at first. But somehow or other, it began to lose big money. That caused me to panic and stop trading the system.
The next thing i realized, I was again, searching the internet for the next better strategy. The more money I lost, the more frequently I changed to the next popular trading system. Very soon, I realized that my account was down by 30,000 US dollars. Now, I know what some of you might be thinking. 30,000 USD might not be that much to some of the traders out there. But to me, 30K was HUGE, because I was just a graduate fresh out of school then. And that hasn’t even take into account, the months and years that I have wasted on each strategy that didn’t work out.