How should I compare strategies?

When comparing strategies on the leaderboard, look at these key metrics together:

- **Return / PnL** — Total profit/loss over a period. Higher is better, but always check across multiple timeframes (7D, 30D, 90D) to see consistency.
- **Max Drawdown** — The largest decline from peak to trough. Lower is better; this tells you the worst-case loss you might experience.
- **Win Rate** — The percentage of winning trades. Higher is generally better, but must be combined with profit size. A high win rate with small profits can be worse than a moderate win rate with large profits.
- **Sharpe Ratio** — A risk-adjusted return measure. Higher is better; above 1.0 is generally considered good.
- **Trade Frequency** — How often the strategy opens trades. Choose based on your preference and the exchange fees you are comfortable paying.
- **Risk Level (Low / Medium / High)** — Should match your personal risk tolerance and capital size.
- **Style (Trending / Mean Reversion)** — Trending strategies follow market direction; Mean Reversion strategies bet on price reversals.

**Key principle:** Do not choose a strategy based on return alone. A strategy with high return but also high drawdown may not suit your risk profile. Always diversify and only invest what you can afford to lose.