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SpinDistribute.com Article Directory

The following article was published in our article directory on May 24, 2012.
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Careful of Backtests

Article Category: Advice

Author Name: Filomena Serraino

If you've been investigating trading forex with forex trading systems you've probably been exposed to "backtest" results. These results supposedly show what a trading system would have executed yesteryear, had you followed it. For this reason the US government demands the phrase "past performance is no guarantee of the foreseeable future of results" when discussing forex trading systems or methods.

Backtests are theoretical, and may or may not have been really traded with real money. It is even possible that it would be impossible to make the trades shown in a backtest.

As an experienced forex trading system developer, I can create a forex trading system for the forex market with a backtest that would blow you away, and looking that good. But, it would fail going ahead pretty much guaranteed. Believe me, many forex trading system developers create systems exactly like this, and afterwards try to sell you their "formula."

So, what's the solution to this backtest dilemma?

Simple, if you are dealing with a forex system developer, make certain the results you see are independently checked and verified, preferably with the results based upon real money, not demo accounts.

That's why Forex Trading Systems Review investigates forex trading systems and along with actual traders submitting their results are the reasons we recommend forex trading systems which are rated by stars, 5 being the best.

Reading a recent research on forex trading systems revealed that 65% of forex traders prefer trading with Expert Advisers and signal services.

Given these circumstances you've been lied to by marketers who use Backtest results. But I am going to show You TOP 3 Forex Trading Systems that you should consider in your Forex Investment Trading

Keywords: Forex Trading Systems Review, Forex Trading Systems, Forex Trading System

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