Wyckoffanalytics – Back-Testing and Validating Your Trading Plan (2017)

First, we will discuss your current trading plans, which will include participant presentations, followed by discussion and suggestions by Roman regarding potential improvements and adjustments to each plan presented.  These sessions will also provide each student with opportunities to learn nuances and distinctions from others’ trading plans, as well.  (3 sessions)

Second, we will discuss indispensable elements of back-testing, including how to set up an informative process, what to emphasize during back-testing, and what data should be collected and tabulated during the analysis of results.  (1 session)

Third, we will break for six weeks to allow participants ample time to conduct back-testing of their plans and ideas.

Finally, we will reconvene to discuss our results and how they can be used to refine our trading plans towards increased profitability. (2 sessions)

Forex Trading – Foreign Exchange Course

Want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.