Does Your Forex Strategy Actually Work? Backtesting & Forward Testing

A few winning trades or a high win rate don’t necessarily mean your forex trading strategy is profitable. So how can you tell whether your strategy has a genuine edge before risking real money?

In this episode of Let’s Talk Forex, Alison and Chris discuss how to properly test a trading strategy, measure its performance and decide when it might be ready for live trading.

They explore the differences between backtesting and forward testing, why win rate alone can be misleading, and how factors such as expectancy, drawdown, trading costs and market conditions affect long-term results.

You’ll…