Backtesting
Fixed $100 Wednesday trading yields about 73% gross return over the tested period. The gross equity curve shows an overall profitable trajectory from 2023 to early 2026 despite drawdowns. Win rate is not the primary performance metric beca…
1 sources - 5 claims
Fixed $100 Wednesday trading yields about 73% gross return over the tested period. The gross equity curve shows an overall profitable trajectory from 2023 to early 2026 despite drawdowns. Win rate is not the primary performance metric because the strategy is profitable mainly through larger winners than losers. Expected value is identified as the correct metric for evaluating the strategy. The equity curve is built from the cumulative sum of gross profit and loss.