Trading books: 8 Backtests

We backtested 8 trading books strategies across US stocks. 0 beat buy-and-hold before correction; best −14.2 pts/yr.

Every result below is the strategy's annualized return minus buy-and-hold on the same assets and days, charged real trading costs and scored only on data up to the discovery cutoff. See the full family index, the full method and every result, or download the raw registry (JSON).

0 of these 8 strategies were significant at p < 0.05 before any correction for multiple testing, and 0 of 8 beat buy-and-hold on the raw excess-return number across US stocks. Across the whole registry we ran 260 tests and applied one Benjamini-Hochberg correction; only 0 of those survived it, which is why a single significant p-value inside one family isn't treated as a working edge here — the correction is explained in full on the evidence page. This family was last re-scored on 2026-09-18, using only data up to the 2025-03-15 discovery cutoff — the same freeze point every family in the registry is held to, so none of them can see data the others couldn't. Trading books is tested across 1 asset class (US stocks); a strategy only joins this family because of the signal it trades on, not the asset it's tested against.

• Raschke Holy Grail pullback-to-20ma (wide US stocks) (US stocks): −14.2 pts/yr, behind buy-and-hold, p=1.000. Source: Linda Raschke Holy Grail setup.
• Livermore pivotal point breakout with pyramiding (wide US stocks) (US stocks): −14.7 pts/yr, behind buy-and-hold, p=1.000. Source: Jesse Livermore, Edwin Lefevre's Reminiscences of a Stock Operator.
• Connors 3-day high/low pullback (US stocks): −16.1 pts/yr, behind buy-and-hold, p=1.000. Source: Larry Connors 3-day high/low.
• Connors 3-day high/low pullback (wide US stocks) (US stocks): −16.1 pts/yr, behind buy-and-hold, p=1.000. Source: Larry Connors 3-day high/low.
• Connors RSI(2) mean reversion (US stocks): −16.6 pts/yr, behind buy-and-hold, p=1.000. Source: Larry Connors RSI2.
• Connors RSI(2) mean reversion (wide US stocks) (US stocks): −16.6 pts/yr, behind buy-and-hold, p=1.000. Source: Larry Connors RSI2.
• Livermore pivotal point breakout with pyramiding (US stocks): −17.0 pts/yr, behind buy-and-hold, p=1.000. Source: Jesse Livermore, Edwin Lefevre's Reminiscences of a Stock Operator.
• Raschke Holy Grail pullback-to-20ma (US stocks): −18.0 pts/yr, behind buy-and-hold, p=1.000. Source: Linda Raschke Holy Grail setup.

Related families: Other, Sentiment, Event driven.