What is Backtesting｜Explained For Beginners
1:54
YouTubeBinance Academy
What is Backtesting｜Explained For Beginners
💡 Backtesting is applying a trading strategy to historical data to assess its profitability. It allows you to test trading ideas without risking real funds. If backtesting shows good results, traders may go ahead and apply the strategy to a live environment. On a more professional level, backtesting trading strategies is essential ...
48.9K viewsMar 22, 2021
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Read More ⬇️ 🔵What is Backtesting? backtesting is a trading strategy that is based on historical data, where traders use past data to see how a strategy would have performed. ✅️Apps/Software 📊FX Replay : FX Replay is a 100% web based backtesting tool that uses the best charting platform in the market, TradingView, to bring you the BEST backtesting experience. 📈Notion : This is a tool you can use to journal all your trading data.They have several templates that you can get online and it will h
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