In the fast-paced world of forex trading, success often hinges on preparation and strategy. Backtesting is one of the most effective ways for traders to refine their approaches before putting real ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Backtesting is the testing of a trading strategy against historical data. Backtesting intends to test the statistical validity of a trading strategy. While the practice has various flaws and biases, ...

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

Guest post by forextraders.com. In forex trading online, as well as in any other branch of trading where technical analysis plays a significant role, backtesting does not work. It is not suited to the ...