The Number That Catches Hope-and-Hold: How Edge Matrix Measures Holding Time Asymmetry
There is a category of trading strategy that looks excellent on paper and fails in live trading in a specific, predictable way. The equity curve […]
Why Your Maximum Drawdown Is Almost Always a Lie, And the One Number You Should Use Instead
The maximum drawdown reported in a backtest is the largest peak-to-trough decline that occurred during the specific historical period tested. It is a fact about […]
Five Scenarios, Five Outcomes: What the Iran War Actually Looks Like as a Probability Distribution
This article takes no position on who is right, who started what, or how the conflict should end. Those are political questions. What follows is […]
The Hidden Risk in Every ‘Low Drawdown’ EA
The EA vendor’s sales page shows a beautiful equity curve. Maximum drawdown: 4.7%. Five years of data. Hundreds of trades. You check the myfxbook, the […]