Share of closed positions that were in profit at our last check before the close. Only closes we saw ourselves count.
How we compute it
Counted from the closes we saw ourselves: a close counts as a win when the position’s unrealised PnL at the last poll before the close was above zero; a liquidation counts as a loss.
Shown from 10 observed closes on.
How to read it
Read it together with PnL: a high win rate says how often, not how much.
Common mistakes
Comparing win rates without size. Many small wins and one large loss give a high win rate and a negative PnL.
Return per unit of risk: the average return divided by its standard deviation, annualised, without a risk-free rate. Here from 30 days of Hyperliquid portfolio history, a short history, so values are noisy and often far above those of funds measured over years.