Paper: Can Day Trading Be Profitable? (Probably Not)

In this paper, we take a look at the paper "Can Day Trading Be Profitable?", which looks at the performance of the Opening Range Breakout strategy during the period 2016-2023. Paper Discussed: https://papers.ssrn.com/sol3/papers.c... Email List Article: https://hackingthemarkets.com/backtes... 0:00 Paper overview 2:40 Begin reading through the paper 4:44 Strategy description and rules 8:09 Strategy results from paper 10:07 Python Notebook, Data fetching Code, Logging Trades 15:15 Running the backtest, parameters, results 17:12 Reasons to be skeptical 21:08 Next up: coding this from scratch with Backtesting.py