## backtesting

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### tl; dr

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* backtesting is a critical component of any trading strategy, allowing traders to evaluate the performance of their trading algorithm with historical data.

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### external resources

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* [using mont carlo for backtesting](https://tradingstrategy.ai/blog/why-you-should-use-a-monte-carlo-simulation-for-backtesting)
* [historical data and api for backstesting](https://tradingstrategy.ai/trading-view/backtesting)