The first number I want to talk about is the max draw down. If the Max draw down, guys, is too high, I don't care about this strategy. In this case, it's 30%.

The second number I look at is the net profit. It makes money, okay, cool it makes money, but now the question is, does it make enough money for the risk I'm taking?

The next thing I want to tell you is actually something very important... we divide the net profit by the Max draw down.

The next number you should look at is the percent profitable trades, also called the win rate.

Now I want to show you one more important thing when it comes to evaluating strategies... apply the same strategy on different assets.

Make sure that the strategy you create works on multiple coins, not just one.

When evaluating a trading strategy, make sure to test it on different coins and parameters.

Consider automating your trading strategy to avoid emotions and reduce errors.