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, especially when it comes to automated trading.

📚 Read our articles to learn more about backtesting
What Is Backtesting? ▶️ bit.ly/3cGMcH6
How to Backtest a Trading Strategy? ▶️ bit.ly/31z0Ji1

⏱️ Timestamps
What is backtesting 00:00
Backtesting Example 00:38
Ways to do backtesting 01:38

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