Backtesting is a crucial tool for me, as it provides valuable data on the potential performance of my strategies before applying them in real markets. It allows me not only to optimize my strategies but also to manage risks and increase my confidence in my trading decisions.
I recommend doing backtesting at least twice a week, even if you are profitable; it is a very powerful tool.
Backtesting would really be that crucial or something that would really be needed when you do make trades. If you do find yourself having that kind benefit when it comes to your trading sessions then stick into that.
You are the ones who would really be finding out on which will really be that beneficial for you. You are the ones would be finding out on the moment that you do hover into this market.
There's no such thing about guarantees about success because there would be tons of factors will really be affecting the outcome and no one really knows on how it looks like.
Backtesting will really be that relevant, you would be able to make out analysis out of those histories on price movements in past which you could be able to apply on the current one.
Just like on what everyone is really that saying that not all does even know about back testing even if you are a trader. You would really be able to find out its relevance on the moment
that you do go in depth with trading. Backtesting might be your main considerations on trying to deal on with.