Hello David this Houssam again....
i wanted to ask you how can someone back test a system ?? because i always hear this and don't know how to do it .....
one another thing what indicator can i combine with bollinger band in a ranging market to confirm entrey and exits ???
and i know this might look like a silly question but how can someone make a brokerage company like fxcm ,fxsol,gft or any other brokerage company i mean how do you start a company like those...????
Houssam

Hi Houssam,

Good to hear from you again.

Shaun Overton has a great blog on this where he is posting step by step instructions that you can find here:

Shaun Overton - InformedTrades

Have a look at that and feel free to post any questions for Shaun there.

Best Regards,
Dave

Hi Houssam,

I think I missed the second part of your question in my original response.

To start a brokerage firm like FX Sol or FXCM you have to have $20 Million in liquid assets and meet the financial reporting and regulatory requirements as set out by the CFTC which is the regulatory body that oversees forex in the US.

Then you must either buy a third party trading platform and backoffice system or build one yourself.

Lastly you must obtain clearing relationships with whoever you plan to offset client trades with wether it be a bank or another brokerage firm.

Those are the major steps.

Best Regards,
Dave