Tools and Games

Trading Edge Statistical Calculator

Find out how many trades you need to prove your edge!

Calculate Required Sample Size

Your expected probability of winning each trade

The win rate if you had no edge (usually 50%)

How often you're willing to falsely claim you have edge

Probability of detecting edge when it truly exists

Trade Outcome Simulator

Understanding the Math

What is Hypothesis Testing?

When you're trading, you believe you have an "edge" - that your win rate is better than random chance. But how do you prove it's not just luck?

The Two Competing Ideas:

  • Null Hypothesis (H₀): You have no edge; your results are just random variation (50% win rate)
  • Alternative Hypothesis (H₁): You DO have edge; your true win rate is higher (e.g., 55%)

Key Concepts:

  • Significance Level (α): The probability of falsely claiming you have edge when you don't (Type I error)
  • Statistical Power (1-β): The probability of correctly detecting edge when it exists
  • Sample Size (n): The number of trades needed to distinguish skill from luck