Does 20-day high breakout actually work on MSTR? We tested it

This strategy made a lot of money overall, turning a 1072% total return, but the ride was extremely lumpy and painful. The worst stretch was a massive 66.48% drawdown that lasted from February to August 2021, meaning you would have watched more than half your account evaporate during that period. The result is not driven by just a few lucky trades, as the average trade returned 14.34% and you had 34 trades, so the wins were meaningful when they hit. The entry timing is doing most of the heavy lifting here, since the real entries beat 85% of random entry runs, meaning getting in at the right moment is critical to the strategy's success. The edge was consistent across time, as the strategy was profitable in 3 out of 4 test periods, so the performance did not come from just one lucky stretch.