Why Do Traders Perform Backtests?

Historically, backtests have been performed by institutional traders, money managers, and investment companies. These investors have high amounts of capital to construct backtesting models and develop their strategies. They backtest to, ultimately, estimate and mitigate risk. However, backtesting has become feasible for individual traders to attain. Backtesting is a form of validation to prove to … Continue reading Why Do Traders Perform Backtests?