A Crypto Trend Strategy Backtested at 240x Lost 10.7% in 2.5 Days of Paper Trading: Survivorship Bias in the Coin List
A trend strategy that backtested at 240x lost 10.7% in 2.5 days live; a hindsight-picked coin list had inflated it, and with point-in-time rankings, 10x in a year only happened from a bull-market start.