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You are exposing your ignorance. Backtesting is the only way to prove something, to trust something. Its the most efficient way, real traders know this.

You speak as if backtesting can predict the future. It cannot. That is why backtesting is pointless.

And by the way, I had a question? What is the maximum mathematically possible profit of trading something in a day with 500:1 leverage?

Here's a hint...It's in your own mind.
 
You speak as if backtesting can predict the future. It cannot. That is why backtesting is pointless.

And by the way, I had a question? What is the maximum mathematically possible profit of trading something in a day with 500:1 leverage?

Here's a hint...It's in your own mind.
backtesting is very difficult to do properly. it is also tedious work. lazy people struggle to become traders. you must be struggling
 
Great question. I will say this, how often is the range low on high volume.. its all about sequence and frequency. Laziness prevents us from collecting the stats that lead to mastery.
When it comes to good works, you're up there with Mother Theresa.
Sometimes a trader benefits from multi-source info. e.g.
Im having a bit of hard time understanding this
Why does someimes price move alot on low volume
And other times price moves very little on alot of volume
cant make sense of it for some reason

So while you're on the horn, what would you say belongs in a solid trading plan?
https://www.elitetrader.com/et/thre...solid-trading-plan.340340/page-4#post-5031706
 
I'm in desperate need of guidance
You should honestly start social media channels of your trading self.
Call yourself an expert, while looking at past, hindsight, charts...telling people to buy at this magical point and sell at this magical point to become millionaires.

Some say the best way to learn, is to teach.
 
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