Auditing 40,000 backtests, our Fibonacci strategy came up short. Before cutting it we asked: is it our config? A better exit made it 20 points better — and we retired it anyway. Why "beats Buy & Hold" isn't the bar.

We audited 40,000 of our own backtests — and benched several of our own strategies in the process. Here is what we killed, what we reactivated, and the uncomfortable core lesson: whether a strategy is "good" depends less on the strategy than on the asset class it runs in.

A thesis says trading platforms are going "agentic" — AI monitors, signals, executes. The structural part is right. The blind spot sits where money is lost.

A chart claims to "prove" liquidity leads crypto. The thesis is serious — the chart isn't proof. What it shows, what it doesn't, and how to test it honestly.

zBTC runs, it's multi-chain, the product delivers — and the ZEUS token fell about 98%. How does that fit, and what does the road ahead look like? A sober tokenomics case study.

The Fed looks trapped: fight inflation with high rates, or refinance the debt cheaply. But it already resolved part of that bind — by decoupling its tools. A methodical read on what this means for Treasuries.

"Bitcoin splits in August because miners disagree." The date is roughly right, the mechanism in that sentence isn't. What BIP-110 actually triggers — and what it doesn't.

The "hacked again" reflex is wrong. What the Polymarket case actually shows — and the two places where crypto genuinely is harder.

Five weeks ago it was 10,000 backtests; today it's over 40,000. With 4x the data, the "beats Buy & Hold" rate falls from 64% to 52%, four in five runs land below 50% win rate, and one memecoin still holds its 197,923% record. What selection bias does to sample size — on real numbers.

"Invested in AI healthcare" can mean two almost opposite things. Two real companies show it: an annuity machine with ~86% recurring revenue — and an option with not a single approved drug. Same label, opposite risk DNA.

A smart-money indicator paints clean zones that price seems to respect. Backtest it honestly and the magic fades. The reason is mechanical — repainting and vanished losers — not your skill.

We ran the same RSI/SMA crossover across the top 50 coins and the top 50 US stocks — identical rules, identical window. On crypto it beats the buy-and-hold benchmark 80 % of the time; on stocks, 4 %. Why a trend-following strategy works in one market and bleeds in the other.