A Complete Research Run Can Still End With Zero Strategies Worth Deploying
There is a strange pressure in trading research to produce a winner.
Read the articleRESEARCH AND INSIGHTS
Evidence-led research for better trading decisions.
Practical guides on backtests, strategy diagnosis, validation, execution costs, market context and opportunity qualification.
Backtest vs Live Trading: 7 Reasons the Same Strategy Can Behave Differently
'Backtests vs live results.
Read the articleCan You Trust Your Backtest? 8 Checks Before You Risk Real Money
A backtest can be perfectly calculated and still tell you the wrong story.
Read the articleHas My Trading Strategy Stopped Working? How to Think About Strategy Decay
A strategy has a bad month and the instinct is immediate: something broke.
Read the articleMarket Regimes Explained: Why a Trading Strategy Can Work in One Market and Fail in Another
Markets do not behave the same way all the time.
Read the articleMFE and MAE Explained: What Trade Geometry Reveals That P&L Hides
A trade closes with a $500 profit.
Read the articleShould You Fix or Abandon a Trading Strategy? A Diagnosis-First Framework
A struggling automated strategy creates a very human temptation: change something.
Read the articleTrading Costs: How Spread, Slippage and Commission Quietly Destroy a Backtest
Many backtests fail in live trading for a reason that is less glamorous than regime change or sophisticated statistics: the trade was never large enough to pay its own bills.
Read the articleTrading Strategy Overfitting: How Optimization Can Make a Weak System Look Strong
Optimization is useful.
Read the articleWhat Makes a Trading Opportunity Worth Your Attention?
The market can produce more possible trades than any human can investigate properly.
Read the articleWhy More Trading Signals Are Not Better: The Real Problem With Scanner Noise
A scanner can find more setups than you can trade.
Read the articleWhy Win Rate Can Mislead You: Risk-Reward, Tail Losses and the Trades You Do Not See
A high win rate feels reassuring because it turns uncertainty into a percentage.
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