Forex Traders World - What is backtestingacktesting is essentially the testing of a trading system using historical market prices, to see how profitable that system can behis testing is usually done with computer software that runs the trading system through a period of time in the pasthy beware of backtestingany new traders think that good backtesting results will guarantee similar results in the futurehis is a significant mistake given that a system that has worked in the past may possibly not necessarily work in the futurend this is because the Forex market is always changing and evolvinghe Forex business today can be very different from the Forex business last yearhe past does not equal the future if it did, we'd all be millionaires by nowhat about trading systems with good backtesting resultsecause ereallyone knows what has happened in the past, it actually is easy for anyone to create a trading system that can be fairly profitable during that time (in the past)ut remember: we're not trading in the past; we're ... [Read More - Forex Traders World]
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