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  <title>Backtest Club</title>
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  <description>Evidence over instinct. Real backtests of popular trading strategies, myths busted with data, and the basics that keep traders solvent. No trade tips, ever.</description>
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    <title>Your first winning streak is the most expensive thing you will ever own</title>
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    <pubDate>Tue, 21 Jul 2026 00:00:00 +0530</pubDate>
    <description>We simulated 10,000 traders with zero edge — every trade a coin flip. After one year, 151 of them were up 25% or more. Only 2 repeated it. How to tell whether your edge is skill, or the luck that precedes the loss.</description>
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