Learn backtesting and strategy validation
Guides to the methods that separate a trading edge from a backtest that fits the past.
Deflated Sharpe ratio
What the deflated Sharpe ratio corrects for, its formula from Bailey and López de Prado, and why a high Sharpe ratio after many trials can still be luck.
Prop firm challenge pass probability
How to estimate the probability of passing a prop firm challenge from a strategy's own trades, with daily loss limits, maximum drawdown and profit target.