THE POWER OF BACKTESTING
INTRODUCTION In the world of forex trading, success isn’t just about making quick profits — it’s about building a reliable and tested trading system. One of the most powerful tools a trader can use to achieve this is backtesting . Backtesting allows you to evaluate your trading strategy using historical data to see how it would have performed in the past. This process helps you gain confidence in your system, identify weaknesses, and make informed decisions before risking real money. Whether you're a beginner or an experienced trader, understanding the power of backtesting can be a game-changer in your trading journey. WHAT IS BACKTESTING Backtesting is the process of testing a trading strategy using historical market data to see how it would have performed in the past. It involves applying your specific entry and exit rules to previous price movements to measure potential profitability and risk. By simulating trades on past charts, traders can evaluate whether a strategy is likely...