Model vs exchange. The check nobody likes doing đŹ
Every backtest assumes a price. The exchange gives you a different one: slippage, fees, the order that fills a bit later than planned.
So every week I compare what my model says with what actually landed on the exchange.
Latest check: the exchange delivered about 96% of the signal's move. The other ~4% is the real-world tax. Small, but it's there, and it adds up over thousands of trades.
If your strategy only works with 100% of the move, it doesn't work. Build in the tax before you go live.
#trading #crypto #backtest
Every backtest assumes a price. The exchange gives you a different one: slippage, fees, the order that fills a bit later than planned.
So every week I compare what my model says with what actually landed on the exchange.
Latest check: the exchange delivered about 96% of the signal's move. The other ~4% is the real-world tax. Small, but it's there, and it adds up over thousands of trades.
If your strategy only works with 100% of the move, it doesn't work. Build in the tax before you go live.
#trading #crypto #backtest