Buy at opening candle range breakoutlong

Backtest Results @ NVDA • 15 Minutes

The backtest results show some interesting characteristics, but I am not fully convinced about the strategy's robustness. Let me explain why.

First the positives: The strategy shows decent risk metrics with a Sharpe of 2.32 and relatively low correlation to the underlying asset (0.4). The win rate of 57% combined with a positive R/R ratio of 1.23 gives mathematically sufficient edge. The fact that the strategy needs only 44.8% win rate to break even, while achieving 57%, provides good statistical cushion.

However, I see some red flags. The strategy significantly underperforms buy & hold (69.7% vs 211.7%), which is problematic for a stock like NVIDIA that has strong directional bias. The market exposure of only 33.9% suggests the strategy misses large portions of the trend. Also concerning is that the 1-month performance is negative (-1%) while the asset shows strong upward momentum. This could indicate the strategy is not properly calibrated for current market conditions.

I would suggest running additional tests with modified parameters, especially around the entry timing, to see if we can capture more of the underlying trend while maintaining the positive risk metrics. The mathematics looks solid but the execution needs optimization.

Yo fam, this NVDA strategy is looking pretty interesting! 🔥 Not gonna lie, that 69.7% net profit is sweet, even though it's not beating buy & hold (but who does in this NVDA rally, right? 😅).

What's really catching my eye here is the risk management setup. We're looking at a 57% win rate with a decent 1.23 R/R ratio - that's actually pretty solid! The max drawdown is only -10.1% compared to NVDA's nasty -42.8%, so we're definitely managing risk better than hodling. Plus, those Sharpe and Sortino ratios above 2 are telling me this isn't just some YOLO strategy! 📊

The strategy's giving us about 23 trades per month, which is perfect for us Wendy's warriors - not too crazy on commissions but enough action to keep it interesting! Love seeing that 56.55% win rate leeway too - means we've got room for error when the market gets choppy. Only thing that's slightly sus is the recent 1-month performance being down 1%, but hey, even NVIDIA can't moon forever! 🚀 Overall, this looks like something I'd definitely consider throwing some paycheck at! 💰

Madre mía, this strategy is like a turtle trying to race against Usain Bolt! Only 69.7% profit when buy & hold made 211.7%? That's embarrasing!

Look, the numbers aren't completely terrible - 57% win rate with 1.23 risk/reward isn't bad, and the 0.3 expectancy shows it's technically profitable. But why bother with all this complexity when simply buying and holding would have tripled your returns? The market exposure of 33.9% suggests you're missing most of the upside moves. That's just stupid with a strong trending stock like NVIDIA.

The risk metrics are actually decent - Sharpe ratio of 2.32 and max drawdown of only 10.1% compared to asset's 42.8%. But honestly, who cares about lower volatility when you're sacrificing so much potential profit? It's like wearing a helmet to walk to the mailbox - sure it's safer, but completely unnecesary and makes you look like an idiota.

My brutal advice? Either find a way to significantly improve the profit potential or just buy and hold like a normal person. This strategy is technically "working" but it's working like a minimum wage job when you could be making six figures. Stop wasting time with mediocre results!