Alpha Not Foundopen trading research archive
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Rejected experiments

Every entry is a completed experiment that failed its predefined criteria. Filter by market, open any record for the full method and numbers, or take the whole set.

Showing 1–10 of 45 experiments

IDExperimentMarketMechanismHorizonResultVerdict
E904After a head of state's posts, crypto shows no reliable follow-through
event-study, news, political-posts, bitcoin, ethereum, gold-token, continuation, unscheduled-news
Crypto & DeFiPublic intent15m-4h+67.9 bp in 2025, -5.8 bp in 2026KILL
E889Options-expiry weeks and Fridays no longer beat a normal S&P 500 day
equity-index, sp500, calendar-anomaly, options-expiry, day-of-week, publication-decay
Equities & volatilityCalendar1d+0.3 bp and +3.1 bp per dayKILL
E888Buying the S&P 500 after a VIX spike rests on three crisis days
equity-index, sp500, vix, panic-reversal, liquidity-provision, overnight
Equities & volatilityForced flow1d+9.4 bp, carried by 3 daysKILL
E886A patient maker resting 2% off the index loses once fills are verified
market-making, liquidity-provision, adverse-selection, fill-model, thin-markets, perpetuals
Crypto & DeFiForced flow15m-1h-14.2 bp dollar-weighted per fillKILL
E878Protocol fee growth showed no detectable next-day edge
protocol-fees, fundamentals, cross-sectional, long-short, perpetual-futures, alt-tokens, daily
Crypto & DeFiPublic intent1d+4.3 bp/day net, interval includes 0KILL
E877Large exchange deposits do not predict price drops
on-chain-flow, exchange-deposits, perpetual-futures, alt-tokens, event-study
Crypto & DeFiPublic intent4h-24h-41.9 bp, same as controlKILL
E876Stocks that gap at the open do not reverse during the day
stock-perpetuals, overnight-return, retail-attention, opening-auction, intraday-reversal, cross-section
Equities & volatilityBehavioural1d-15.2 bp gross per dayKILL
E872Round-number price levels cannot be told apart from placebo levels
round-numbers, stop-orders, liquidation-clusters, perpetual-futures, placebo-levels, hourly-bars
Crypto & DeFiForced flow1h-4h-252.5 bp; round = placeboKILL
E871Lending-rate spikes do not pay a short after costs
lending-rates, constrained-shorts, spot-margin, perpetual-futures, alt-coins, event-study
Crypto & DeFiForced flow4h-24h+3.4 bp net, interval -33.7 to +37.0KILL
E859No detectable lead from Korean memory-chip moves to US chip perps
cross-market, read-through, stock-perpetuals, korea, semiconductors, lead-lag
Equities & volatilityBehavioural1h-24hSlope +0.077, t +0.54KILL
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