Research Articles
In-depth analysis of trading strategies, market dynamics, and quantitative research.
Research & Analysis
Deep dives into market dynamics, strategy optimization, and trading performance.
A Bitcoin ETF Is Not a Crypto Strategy
Why passive Bitcoin ETF exposure fails as a crypto strategy and how systematic algorithmic approaches deliver superior risk-adjusted returns across market cycles.
When Mean Reversion Breaks Down In Crypto
Mean reversion is one of the most stable edges in crypto. But at what magnitude of selloff does the edge exist, and where does it break down? We tested MR long setups across Binance perpetual futures, 2020-2026.
The Structural Shift in Crypto Markets That Most Missed
A deep dive into how crypto market dynamics shifted in 2025: dispersion within the top 40 coins increased substantially, with winners and losers diverging more sharply than ever.
Extreme Decline Altcoin Strategy
There is a lot of alpha in extreme declines. This strategy buys altcoins after very strong declines and exits quickly. 80% win rate, 1:1 risk reward, Sharpe 1.5.
Bitcoin's Easiest Trading Days Are Disappearing
Using Kaufman's Efficiency Ratio (KER), we tracked every trending day since 2014. The data shows Bitcoin's strong directional trends dropped from 11% in 2017 to just 3% in 2025. Here's what's happening and how to adapt.
How to Understand Current Market Conditions Using a Simple Trading Model
Short-term momentum struggled on small coins, while mean reversion performed well across both small and large coins. Momentum is stable on bigger coins.
Profit Targets Hurt Performance
Profit Targets Hurt Performance: Especially in Trend and Breakout Strategies. Research shows letting winners run beats taking profits early.
Trading Myth: Always Use a Stop Loss
It is repeated over and over again that stop loss is necessary. And those who trade without one are doomed. But is it really essential?
Momentum Effect on Cryptocurrencies
Understanding the Momentum Effect in Crypto Markets: This research explores the momentum effect in crypto and develops a trading strategy based on it.