Today finally Binance calculated our first Sharpe ratio from our first month of trading! A ratio of 7.11!
For those who might not know, the Sharpe ratio is a way to measure the performance of an investment compared to its risk. The higher the ratio, the better the returns relative to the risk taken.
A great way to see how efficiently our strategy is working! Right now, we're sitting at an impressive 36% gain in just two weeks!
This is all from spot trading, without any leverage. It's all thanks to a solid risk management strategy and carefully picking our trades.
We're optimistic that the Sharpe ratio will only get better as we fine-tune our approach and continue this momentum as #altseason is approaching! 🚀