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.
What tools or platform you actually use for back testing if you don't mind to share and why you think which one is better from other please mention that as well when you reply I will be looking forward to know why you really think this is necessary even when we are making profit although when we are making profit we tend not to waste our time on such testings while we can find some good entry point but you know what I agree with you on this.
But to clarify that we should do back testing after few weeks when we learn some new indicator or method to analyze the market once we think we have learned enough then start practicing it in real market by keeping the capital small. You are wrong though about the title as back testing is not enough we need more than that to make a successful trade.