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.

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The first million is the hardest - Trading NOPE

The first million is the hardest - Trading NOPE

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