Win rate is the easiest number to make look good and the least informative one to report. Anyone showing you a win rate without the size of the losses is showing you the half of the picture that flatters them.

Here is what that came from.

A strategy with a 96% win rate lost me money. Win rate tells you almost nothing.

I backtested a martingale system - add to losers, close when it recovers. 75 of 78 trades were winners.

It still lost 519.83 USDT, because the three losing trades gave back more than all 75 winners made combined.

Peak margin on those trades reached 4x the entire account.

Part of a public experiment: 5,063 USDT to 1,000,000 USDT, every result published - including the ones that make me look bad.

Run on $BNB

#Binance #Futures #Backtesting #TradingBot #CryptoData