Research you can check

Crypto / Digital-era research

Research the structure, not just the setup.

Question-driven protocols for on-chain flows, derivatives leverage and liquidity. A research agenda—not completed findings or live signals.

Every strategy result published from launch day must include all of the following. Results that are missing any item stay unpublished.

1. Data source and date range

   Which market, which exchange or data vendor, which timeframe, and the exact start and end dates tested.

2. Cash flows and returns

   Separate deposits and withdrawals from gains. State the return method and show returns net of deposits, fees and costs; never treat contributed capital as performance.

3. Sample size

   The number of trades. Small samples are labeled as small, and no conclusions are drawn from a handful of trades.

4. Entry, exit, and risk rules

   Written precisely enough that someone else could repeat the test: entry trigger, stop, target or exit, and risk per trade.

5. Fees and slippage

   The cost assumptions used (trading fees, spread, slippage, and funding where relevant). Results before costs are not shown alone.

6. In-sample vs out-of-sample

   Which period the rules were built on and which period they were tested on afterwards, without changing the rules.

7. Drawdown

   Maximum drawdown and the longest losing streak, shown next to the return, never hidden below it.

8. Wins and losses

   Win rate, average win and average loss in R, expectancy, and the full trade list, losers included.

9. Type of result

   Every result is labeled: hypothetical backtest, paper trading (simulated, forward in time), or live trading with real money. These are never blended.

10. Limitations

    What the test cannot tell you: overfitting risk, market regimes not covered, data quality, and execution differences. No result is a guarantee.

Hypothetical results have limits. A backtest is a simulation run on past data. It assumes fills, costs, and discipline that real trading may not deliver. Past results, real or hypothetical, do not guarantee future results.

Losing trades get the same detail as winners, and they are never removed from the record. Every loss write-up includes:

1. The plan before entry: setup, thesis, entry, stop, target, and planned risk (1R).
2. What happened: actual exit and the result in R, including fees and any slippage past the stop.
3. Classification: a good trade that lost (rules followed, the idea just didn't work) or a mistake (a rule was broken). These are reported separately.
4. The lesson and any rule change, with the date it takes effect. Rules are not changed after the fact to make old trades look better.
5. Type label: backtest, paper, or live.