macrocephalopod Retweeted Freak0naut
Common misconception! Profitability of a strategy depends on win rate but also average profit per win/loss. Many momo/convexity strategies are profitable despite win rates below 40%. Similarly reversion/theta selling can be unprofitable despite win rates above 60%.https://twitter.com/FREAK0NAUT/status/1349229450051911680 …
macrocephalopod added,
1:32 AM - 13 Jan 2021
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