Designing Risk Rules That Can Be Audited
A risk rule nobody can check is a preference, not a rule. How to word limits so a breach is unambiguous, and what an audit trail entry needs to hold.
Notes
Review notes
On backtest assumptions, execution costs, risk rules that can be audited, and reading results without chasing headline returns.
The Hidden Assumptions Inside a Backtest
Every backtest carries assumptions its equity curve does not show. Here is where they hide, and a checklist for finding them before you trust the number.
How to Review an AI Trading Bot Without Chasing Headline Returns
Read the return last. A six-step review order for any AI trading bot result, with a worked example of how a headline number shrinks under scrutiny.
Slippage, Fees, and the Gap Between Simulation and Execution
A few basis points per trade look harmless until you multiply them by turnover. A worked example of how cost assumptions reorder three strategies.