If you’re new to trading or the financial markets, you’re probably looking for tried and tested trading strategies to build wealth over time. But are you confident enough in your trading strategy to unleash it in your trading account? That’s where backtesting comes into play. In this article, we’ll explain what backtesting is, why it matters and we’ll look into ways in which you can get started with it today. What backtesting is and why it matters Backtesting is a process whereby you’ll measure a trading strategy’s performance against historical data. This is perhaps best understood through an example. ...Read more
