TheTobyAce
3.5K posts

TheTobyAce
@TheTobyAce
Day Trader | links to my socials : https://t.co/TNwHNAfaob
Constantly Evolving Katılım Ekim 2020
18 Takip Edilen1.7K Takipçiler

@_TheREAL_BRYAN This mentorship personally helped me as well bro…
Result
Might vary😂
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Peak.
Can’t forget the day @TheTobyAce put me on😂, probably still be stuck on “Cup and Handle”

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@TheTobyAce @itseliyt @Techriztm Hi boss I just followed you but I want to ask you something cause your TikTok page led me here, are you a student of Techriz?
Am asking cause it seems you guys have same trading edge due to some recap videos have watched
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Backtesting means testing your trading strategy on past price data to see how it would have worked. Here’s why it matters:
1. Performance Validation: See if your strategy would have worked historically, filtering out weak methods.
2. Manage Risk: Backtesting lets you understand potential losses and improve your approach before risking real money.
3. Build Confidence: Knowing your strategy performed well in past markets makes you more confident in real trading.
In short: backtest to improve, reduce risks, and trade with confidence!
Here’s how to backtest with TradingView’s bar replay tool:
1. Open the Chart: Select your asset chart.
2. Activate Bar Replay: Click “Bar Replay” to go back in time on the chart.
3. Pick a Starting Point: Choose a spot in the past to begin.
4. Play Forward: Move one bar at a time or set a speed to watch price action unfold while you trade your strategy in a simulated condition.
5. Track Results: Log hypothetical trades to see if your strategy works.
Bar replay lets you practice trading and refine strategies with past data, risk-free‼️
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@TheTobyAce don't know how I missed this. I'll go back to the chart and check 😮💨
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