Is Backtesting a Waste Of Time In Forex?

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Trading Disclaimer: Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than their initial investment. "Risk capital" - is money that can be lost without jeopardising ones financial security or life style. Only "risk capital" should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not indicative of future results. Individual results will vary due to a variety of market and timing.