Why we withhold ratios below 30 transactions

A win rate from six transactions is not a win rate — it is a random value with one decimal place. The same applies to drawdown and the Calmar ratio: both assume that enough market phases have passed to have actually seen a setback.

That is why this site only shows ratios once a strategy has reached 30 closed transactions and at least three months of runtime. Below that threshold, we show what actually exists: the start of the period and the number of transactions.

The source is kept separate as well. Live traded means execution with real capital. Paper traded means simulated execution — the signals are the same, the execution conditions are not.