Subject: Backing The Away Team Was Profitable

I tested a Lay The Away Team strategy.

And it sucked.

The backtest made that pretty clear.


No edge.

Nothing I would want to put real money behind.


So that should have been the end of it.


Except I had one obvious question...


What happens if I do the exact opposite?


Instead of laying the away team...

I backed them.


Same basic idea.

Completely different result.

And suddenly the numbers looked a LOT more interesting.


In the new podcast, I show you:

  • How badly the original lay strategy performed

  • Why I would not trade it

  • What happened when I flipped the idea

  • The profit from backing the away team

  • The strike rate and losing runs

  • And whether I think the new strategy is worth forward testing

This is one of the reasons I love backtesting.

A bad result is not always wasted research.


Sometimes it saves you money.

And sometimes it points you straight towards the better trade.


Listen here: https://www.buzzsprout.com/1516057/episodes/19729048


Martin

P.S. Apparently when the data screams “do not do this”, occasionally the next question should be “what if I do the complete opposite?”


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