L04

Can you copy this trader?

unrealistic — Multiple hard blockers. Interesting to watch, but mirroring this would not reproduce its returns.

These checks compare a wallet’s past record against thresholds chosen by hand. They are not measurements, and none has been tested against out-of-sample returns — that needs the backtester. Every signal looks backwards.

What was checked

✕ BlockerEdge per dollar-17.0%

Thinner than the spread a taker crosses. Whatever this wallet is doing, a follower's worse fills would erase it — the profit comes from volume, not from a per-trade advantage you could inherit.

✕ BlockerMarkets traded14

Too few decisions to be a method. A large profit over this many markets is a handful of correct calls — possibly skill, possibly luck, possibly information you don't have — and none of it is repeatable enough to copy going forward.

✓ ClearProfit concentration26.6% from one position

Profit is spread across many positions, which is what a method looks like.

▲ CautionSettled sample9 positions

Too few settled positions to distinguish skill from luck. Any win rate here is noise.

? Not knownWin rate (sample)88.9%

Deliberately unscored. Win rate says nothing without position sizing — selling longshots wins often and loses big, buying them does the reverse.

▲ CautionOpen concentration52.8% in top position

Most of the open book is one position. Copying inherits that concentration.