<h3>In today’s ever-evolving trading landscape, backtesting has become a core practice among traders. If you're still trying to find your footing in the markets, it's one of the most recommended techniques to build confidence, test ideas, and develop a winning edge.</h3><h3>Let’s explore what backtesting is, why it matters, and how to get started using the right tools.</h3><h2>What is Backtesting?</h2>Backtesting is the process of analyzing past price action to evaluate how a specific trading pattern, strategy, or entry model would have performed historically. It allows you to measure the strike rate (your win-to-loss ratio) and assess the overall effectiveness of your approach—based on how you interpret the data.Rather than trading on assumptions or copying others blindly, backtesting gives you hard data and personal insights into what works for you.<h2>What You’ll Need to Get Started</h2>Backtesting is time-intensive—it often takes 2 to 3 hours of focused work—so be sure you’re prepared with a calm, interruption-free environment. Here’s what you’ll need:<ul><li>✅ A stable internet connection</li><li>✅ A paid TradingView plan with access to the Bar Replay feature</li><li>✅ FX Replay for more specialized and detailed Forex backtesting</li><li>✅ A journal (digital or manual) to record your trade outcomes and insights</li><li>✅ And most conveniently: you can purchase both TradingView and FX Replay access through <a href="https://www.gosplitly.com" rel="noopener noreferrer" target="_blank">www.gosplitly.com</a></li></ul>🔗 Visit now to get access to all essential trading tools: <a href="https://www.gosplitly.com" rel="noopener noreferrer" target="_blank">https://www.gosplitly.com</a>Splitly makes it affordable and easy to access premium trading platforms by offering shared subscription plans and group purchases.<h2>Tracking Your Results</h2>Whether you’re using software or a simple notepad, tracking is key to making backtesting valuable. Here's a straightforward manual approach:<ul><li>Mark each winning trade with a ✅</li><li>Mark each losing trade with a ❌</li></ul>At the end of your session, calculate your strike rate (wins vs. losses). This helps you understand how reliable your chosen setup or pattern is over time.<h2>Why Backtesting Is So Important</h2>Backtesting simulates live market conditions using historical data, which gives you measurable results. It’s not just about discovering how many times a strategy works—it's also about:<ul><li>Reinforcing discipline</li><li>Building trust in your system</li><li>Creating a data-driven foundation for your risk-to-reward expectations</li></ul>By knowing your strategy inside-out, you reduce doubt and hesitation during real trades.<h2>Final Thoughts</h2>Backtesting is not a shortcut—it's a commitment. The more time you spend studying historical data, the more clarity and confidence you'll have when trading live.In the end, it's not just about learning if something works—it’s about knowing why it works and how consistently it can deliver results.🎯 Ready to begin?Get all the tools you need—TradingView, FX Replay, and more—at <a href="https://www.gosplitly.com" rel="noopener noreferrer" target="_blank">www.gosplitly.com</a><img src="https://res.cloudinary.com/dus7g9ovo/image/upload/v1752414517/blog_posts/prixjbjbqhcojvtp4xee.png">

Backtesting: The Foundation of Every Successful Trader’s Strategy

If you’ve ever wanted access to TradingView’s premium features but couldn’t justify the full subscription price, there’s good news: co-sponsoring, or sharing an account with a trusted partner, is a growing workaround that allows traders to access pro-level tools without bearing the full cost alone.In this article, we’ll cover how TradingView account sharing works, the most common concerns, and tips to do it securely and effectively.<h2>Why Consider Co-Sponsoring a TradingView Account?</h2>TradingView’s premium plans can be costly, especially for traders who are just starting out or are testing new strategies. By partnering with a like-minded trader, you can:	•	Split the cost of a premium subscription	•	Access advanced tools, indicators, and layouts	•	Learn from each other while keeping your trading data separateThis is an especially useful option for friends, community members, or group traders who trust each other and want to reduce individual expenses.How Co-Sponsoring WorksCo-sponsoring simply means two users share access to a single TradingView account. Thanks to TradingView’s device compatibility and separate layout support, it’s surprisingly easy to manage this setup without interfering with one another.Whether you’re using the desktop, browser, or mobile app, there are effective ways to log in simultaneously without compromising your charts or tools.<h2>FAQs: TradingView Account Sharing</h2>1. Will my analysis mix with the other person’s charts or layouts?No. TradingView supports different chart layouts for each user. As long as you each create and save your own layout, your indicators, drawings, and chart setups remain completely separate.2. Can two people use the account at the same time on desktop?Yes. One person can log in via the desktop app, and the other can use a web browser—both can access the account simultaneously without disruptions.3. Can two people use the account simultaneously on mobile?Yes. TradingView’s mobile app supports up to 5 devices at the same time. Unlike browser-based logins, the mobile app doesn’t rely on cookies, so users can stay logged in without affecting each other.<h2>Final Thoughts</h2>Co-sponsoring a TradingView account is a smart and efficient way to gain access to premium tools without breaking the bank. With careful planning and open communication, you can share the cost while preserving a seamless trading experience.﻿Spread the Word!If this sounds like something you’d consider or already do share this article with your fellow traders. Let’s help more people get access to the tools they need to succeed in the markets.<img src="https://res.cloudinary.com/dus7g9ovo/image/upload/v1752321330/blog_posts/uiyxjz9pxa3ba6bu3trx.jpg">

Posts tagged with "trading"

Backtesting: The Foundation of Every Successful Trader’s Strategy

Everything You Need to Know About Sharing a TradingView Account (aka Co-Sponsoring)