Backtesting is a crucial tool for testing trading strategies using historical data without risking real money.
Backtests help assess profitability, identify risks, and allow for adjustments in trading strategies.
Platforms like Veles Finance provide accessible tools for conducting backtests even for beginners, offering features like analyzing profitability, drawdowns, and trading frequency.
While backtesting doesn't guarantee future success, it helps in optimizing strategies and avoiding mistakes, with Veles Finance simplifying the process for traders through automation and intuitive interfaces.