TODAY'S TOP GAINERS

SOPH: +22.64%

PEPE: +12.89%

ARK: +10.92%

BMT: +10.05%

ERA: +9.35%

Every account on this app will show you this list. Here is the part they skip.

I backtested both ways of trading a move like SOPH's +22.64%: buying the breakout, and fading it on the assumption it reverts. Both lost money. Not narrowly - they lost roughly the transaction cost, 0.240% per round trip, which is what a signal carrying no information looks like once you charge it fees.

A large 24-hour move tells you something already happened. It does not tell you what happens next, and the data says so in both directions.

Part of a public experiment: every strategy I test gets published, working or not.

Movers above: $SOPH $PEPE $ARK

#Binance #Altcoins #Futures #SOPH #CryptoData