AvalonQuant Learn

Plain-language guides to league basics, risk metrics, strategy templates, and exchange comparisons. Educational research only; no real-time trading instructions.

What Is an AI Trading Bot Leaderboard? How the League Score Works — How a paper-traded bot leaderboard is built, how the 0–100 league score is calculated with a worked example, and what rankings cannot tell you.
Paper Trading vs Demo Trading vs Live Trading: Why Results Differ — How paper, demo and live trading differ in fills, slippage, fees, funding and behaviour, why paper results flatter, and how to read a paper record.
How to Compare Trading Bot and Strategy Performance Fairly — Compare strategies on the same window using return, drawdown, return÷drawdown, Sharpe and behaviour in sell-offs, with a worked 10-year backtest example.
What Is Max Drawdown? Formula, Recovery Math and Real Examples — Max drawdown is the largest peak-to-trough fall in an equity curve. Learn to compute it, why losses need bigger gains to recover, and how long it takes.
Total Return vs Realized Return (and CAGR) Explained — Total return marks open positions to market; realized return counts only closed trades. Why they diverge, and how CAGR annualizes total return.
How Trading Fees, Slippage and Funding Rates Affect Bot Performance — Fees, slippage and perpetual funding compound against a strategy. See the turnover × cost math and what a 10,000 USDT BTC long paid in funding.
Grid Trading Bot Performance: How Grid Bots Make and Lose Money — How a grid bot earns per-grid profit, why fees and grid count decide whether it pays, and why breakouts and trends out of the range are the real risk.
Momentum vs Grid Trading Bots: Which Market Regime Suits Each — Trend-following and grid bots have opposite payoff shapes. See how a crypto momentum strategy and a US momentum rotation behaved, and what a grid needs.
Lowest Drawdown Trading Bots and Strategies: Why Lowest Is Not Safest — A low max drawdown can hide a short record, low exposure, slow recovery, or a poor return. Ranking 8 ten-year backtests shows what to check besides depth.
How to Choose a Crypto Exchange as a Beginner: A Practical Checklist — A decision framework for your first crypto exchange: legal availability, KYC, security, fee mechanics, liquidity and support, plus a first-week plan.
Binance Futures for Beginners: How USDT-Margined Perpetuals Work — How USDT-margined perpetual futures work on Binance and similar venues: margin modes, leverage, liquidation, mark price and funding, with worked examples.
How to Compare Crypto Exchange Fees and Country Availability — Compare the total cost of trading across crypto exchanges: maker/taker, VIP tiers, funding, spread, network fees, and whether a venue can serve you.

AvalonQuant Learn

Metrics explained with real backtests