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TradeSlide Tests Who Can Beat 10,000 Monkeys in Trading

Ok, so we all know that TradeSlide, the service which allows you to check and assess your Forex trading capabilities, is original, but the latest raft of innovations to the website went ahead of any expectations. The Tradeslide team is now offering users of the service to check out whether they can beat 10,000 monkeys in trading with an ingenious simulation. 

 
The Monkey Test is a part of the improvements to PF – the performance measure. 
 
Photo credit: TradeSlide.
 
 
The similarities between your trading and that of the monkeys will be the following:
- same duration of trades;
- same number of positions;
- same risk levels.
 
The single big difference is that, well, since we are talking about monkeys, they randomly open buy/sell positions. Competing with monkeys in a complex task like Forex trading may loom as a piece of cake, but in practice it's way harder.  After every position, you can see how many monkeys you have outperformed (or underperformed?). 
By the way, you may wonder what's with the 10,000 number – it reflects the need to obtain statistically significant sample of results.
 
The Monkey Test simulation goes hand in hand with another science-plagued simulation: the Leverage Illusion, which will also compare your leverage decisions based on 10,000 other decisions. 
 
But let's think of the results: you obtain some numbers and fail to interpret them. Well, you should look at the graphs from the Monkey Test and Leverage Illusion: they will be plotted alongside. The closer they are, the better you've performed.
 
In case you're displeased with your results and would like to beef up your strategy, then TradeSlide  offers a bunch of tools for this. The most recent one in the lineup is the Risk Manager, a free-of-charge program which allows you to pick the best settings for your trading strategy.
 
Talking of ways to improve your trading, TradeSlide offers a new badge – the Open Strategy (Os), which allows you to check out whether you could get higher profits in case you'd open positions 10%, 20%, 30% and so on earlier than you usually do. You can recalibrate your strategy accordingly. 
TAGS: tradeslide  tradeslide forex  tradeslide monkey test  tradeslide performance measure  10000 monkeys  leverage illusion  forex trading  forex strategy  forex performance  forex badges  ts score 
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