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Research · 研究 · Risk philosophy

Risk,
as a design input.

Drawdown treated as something to design for, not a residual to explain away afterwards: the shape of the equity curve, the kill switches we refuse to add, the experiments that failed, and the trade-offs behind return, Sharpe, and drawdown moving together.

$100,000 $7.54M · +137.2% CAGR · 2.44 Sharpe · -15.9% max drawdown · 1,258 trading daysLocked five-year backtest, hypothetical · track record · verified daily · research, not advice
3 notes · Risk philosophy
Research · 研究 · 08 · Discipline

The seed loss. Why small drift is catastrophic.

How a small early error compounded over five years into a half-million-dollar gap, and why operating discipline matters more than any single rule.

Updated 3 Jul 20267 min readRisk philosophy
Research · 研究 · 16 · Evaluation

Return alone, Sharpe alone, drawdown alone. None of them.

No single metric is enough: return, Sharpe, and drawdown each fail when optimised alone. A sound strategy improves all three together.

Updated 3 Jul 20268 min readRisk philosophy
Research · 研究 · 02 · Risk

Drawdowns are a feature, not a side-effect.

A strategy's return tells only half the story. See what drawdown measures, and why we optimize for the shape of the equity curve, not just the endpoint.

Updated 3 Jul 20267 min readRisk philosophy