NOPE is a loaded dice

  • Short: +30 for entering short, and +15 to exit. Per @purpledevilduckies, +30/+15 were the back-tested optimal entry/exit NOPE values to go short, and showed a historical success rate of 70%. The median time for a successful reversion trade in this backtest was ~40 minutes between entry and exit.
  • Long: -60 for entering long, and -30 to exit. These two values for long entry/exit are only “rule-of-thumb”, and so are subject to change in the future if there come about more definitive findings.




Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

ABC Proto Hedging strategy Live on CeDeFi Hedge

3 Ways to Make Money on the Sneaker Market While It’s Rebounding From a Dip

Indian Stocks To Note From A Technical Analysis Perspective

4 Simple Ways to Invest in Yourself

A child reading a book with a wide smile

Pros and Cons of Reselling Pools

Top 5 Reasons Real Estate Investing Beats Stocks

4 Simple Yet Essential Steps To Take After Paying Off A Debt

Trends in Bankruptcy

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
The first million is the hardest - Trading NOPE

The first million is the hardest - Trading NOPE


More from Medium

How to use Leverage 101

Hashflow The Most Powerful Defi Trading

Dark Cloud Cover

Bot Bearproof, One of Recommendation Robot Trading in 2022!