Explainers
How to Read a Backtest Report: Trade Count, Costs and Drawdown
The headline number is the last thing to trust. Check trade count, cost settings, long/short splits, return-to-drawdown and a forward test first.
Spread, Commission and Slippage: Where Each Cost Hides and How to Measure Yours From Your Last 20 Trades
Spread sits in the quote, commission hits the account, slippage hides in the fill. Here is where to spot each one, and how to measure yours.
Win Rate vs Win/Loss Ratio: Same Wins, Two Different Numbers
Win rate divides wins by all trades; win/loss ratio, by losses. How to convert one into the other, and what neither one shows you: trade size.
