Losses are being sat out
Losing trades are held 7.4× longer than winning ones (9h vs 1h). A classic sign of reluctance to cut losses — the main source of deep drawdowns.
Deep historical drawdown
Max drawdown reached 97.5% (peak 2026-07-27, trough 2026-08-07). A repeat of this drawdown could be unrecoverable.
The real drawdown is deeper than it looks
Max equity drawdown reached 97.5%, while the balance curve shows only 92.4%. The gap is the floating loss of open positions that the balance curve hides.
Profit is concentrated in a single instrument
71% of all positive PnL comes from XAUUSD (1952 trades). The strategy's result depends on a single market — there is no effective diversification.
Wednesday is a toxic day
100% of net daily losses fall on Wednesday (UTC). Worth reviewing what happens to the trading that day.
Consistently profitable months
5 of 7 months closed positive (71%). A strong indicator of consistent performance.