Backtesting: Understanding the Fundamentals of Testing Trading Strategies
An essential part of trading is the #backtest #trading #strategy. It entails evaluating the viability of a trading strategy by comparing it against historical data. Traders often assess the performance and prospective profitability of the strategy by simulating trades supported by historical market conditions. Before risking actual money within the market, this procedure aids traders in making well-informed judgments and improving their tactics.
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