Most Forex traders fail not because their strategy is bad, but because they never test whether it actually works over time. In episode 162 of Let’s Talk Forex, Alison and Chris explain how to backtest properly, why expectancy matters more than win rate, and how backtesting builds discipline through drawdowns and losing streaks. You’ll discover the biggest beginner mistakes, how to avoid overfitting, and why manual repetition improves execution and confidence. This is an essential guide for traders who want to stop guessing and start trading with evidence.
<a href='https://youtu.be/9f8yDE2P4jQ'>Watch the podcast on YouTube here!</a>
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Most Forex traders fail not because their strategy is bad, but because they never test whether it actually works over time. In episode 162 of Let’s Talk Forex, Alison and Chris explain how to backtest properly, why expectancy matters more than win rate, and how backtesting builds discipline through drawdowns and losing streaks. You’ll discover the biggest beginner mistakes, how to avoid overfitting, and why manual repetition improves execution and confidence. This is an essential guide for traders who want to stop guessing and start trading with evidence. Watch the podcast on YouTube here! FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Most Forex traders fail not because their strategy is bad, but because they never test whether it actually works over time. In episode 162 of Let’s Talk Forex, Alison and Chris explain how to backtest properly, why expectancy matters more than win rate, and how backtesting builds discipline through drawdowns and losing streaks. You’ll discover the biggest beginner mistakes, how to avoid overfitting, and why manual repetition improves execution and confidence. This is an essential guide for traders who want to stop guessing and start trading with evidence.
<a href="https://youtu.be/9f8yDE2P4jQ" rel="noopener noreferrer">Watch the podcast on YouTube here!</a>
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

162. Backtesting Explained: The One Skill Most Forex Traders Skip

Let’s Talk Forex is a podcast by FxScouts, created to help beginner and developing traders build a strong foundation in the Forex market.
Hosted by Alison and Chris, the show draws on years of experience reviewing brokers and analysing global markets. We cut through the noise to deliver clear, practical insights that help you start trading with confidence and avoid common mistakes.
Each episode covers the questions that matter most — from choosing a trustworthy broker and understanding regulation, to managing risk, improving trading psychology, and refining your strategy.
Whether you are placing your first trade or looking to sharpen your edge, Let’s Talk Forex helps you make smarter, more informed trading decisions
 DISCLAIMER 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.  Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Business

Entrepreneurship

Investing

Let’s Talk Forex is a podcast by FxScouts, created to help beginner and developing traders build a strong foundation in the Forex market. Hosted by Alison and Chris, the show draws on years of experience reviewing brokers and analysing global markets. We cut through the noise to deliver clear, practical insights that help you start trading with confidence and avoid common mistakes. Each episode covers the questions that matter most — from choosing a trustworthy broker and understanding regulation, to managing risk, improving trading psychology, and refining your strategy. Whether you are placing your first trade or looking to sharpen your edge, Let’s Talk Forex helps you make smarter, more informed trading decisions DISCLAIMER75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Let’s Talk Forex is a podcast by FxScouts, created to help beginner and developing traders build a strong foundation in the Forex market.
Hosted by Alison and Chris, the show draws on years of experience reviewing brokers and analysing global markets. We cut through the noise to deliver clear, practical insights that help you start trading with confidence and avoid common mistakes.
Each episode covers the questions that matter most — from choosing a trustworthy broker and understanding regulation, to managing risk, improving trading psychology, and refining your strategy.
Whether you are placing your first trade or looking to sharpen your edge, Let’s Talk Forex helps you make smarter, more informed trading decisions
 DISCLAIMER 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.&nbsp; Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Share 162. Backtesting Explained: The One Skill Most Forex Traders Skip

Sign up to save your podcasts

162. Backtesting Explained: The One Skill Most Forex Traders Skip

162. Backtesting Explained: The One Skill Most Forex Traders Skip

More shows like Let’s Talk Forex with Alison and Chris

Chat With Traders

Macro Voices

Bloomberg Surveillance

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

The Game with Alex Hormozi

The Trading Coach Podcast

Anything Goes with James English

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

B The Trader

The Day Trading Show

All-In with Chamath, Jason, Sacks & Friedberg

Forex Beginner Podcast | Daily Trader Motivation & Encouragement

The Trading Psychology Podcast

Words of Rizdom - Trading Podcast

The Romesh Ranganathan Show