In This Episode
- Why backtesting is like what professional athletes do
- Why backtesting is important, even if you know the strategy works
- How to gain supreme confidence in your trading abilities
Is Backtesting Really Necessary
One of Walter's students asked about why backtesting is necessary, if he already knows that a trading strategy works.
That's a fair question.
So we break down why you still need to backtest, even if another trader is trading is successfully.
The answer is simple, but often overlooked.
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Thanks for listening and we hope that your trading is going well!
