What Is a Transaction Cost Model? How Can Backtest Results Better Reflect Real Trading?

In cryptocurrency trading, some strategies deliver high returns in historical backtests but perform poorly once real capital is put to work. The problem may not lie with the strategy’s signals, but with the backtest failing to adequately account for real-world trading costs. A transaction cost model incorporates these real-world factors into calculations to assess a strategy’s actual performance after costs.

First, what is a transaction cost model?

It estimates the various costs incurred when executing a

#AnthropicLaunchesNasdaqIPORoadshow $ANTHROPIC
Anthropic’s IPO is becoming more than a company listing. It is turning into a major test of how public markets value the AI industry.

The company behind Claude has filed to list on the Nasdaq Global Select Market under the ticker ANT. That alone makes this offering important, but the bigger question is what investors will be asked to pay for its growth, technology and future infrastructure needs.

And the latest developments show that even a high-profile AI company cannot set its valuation without testing market appetite.

Growth is impressive,

GM - perps sold the dip, bought the bounce, sold the dip again. trade this range long enough and youll need therapy bitcoin:native

Whether the Democrats and Republicans are working together to destroy America, or the globalist weapons are brainwashing them, one thing is CLEAR... WE NEED TO FORM "WELL REGULATED MILITIA", LIKE IT SAYS WE HAVE THE RIGHT TO DO IN THE SECOND AMENDMENT!!! FORM MILITIA NOW!!!

#USIranTalksShowNewProgress
US-Iran Diplomatic Signals and the Cross-Asset Impact: Oil, Gold, Bitcoin, and US Equities

As of early November 2026, the United States and Iran remain engaged in quiet, Qatar-mediated negotiations aimed at de-escalating the conflict that has disrupted Middle East energy flows since late February. President Trump has indicated that renewed military strikes are “highly unlikely” if progress is made on Iran’s nuclear program and the reopening of the Strait of Hormuz. Iranian officials have proposed shortened timelines for talks, including a two-day framework, but co

$MSFT LONG SETUP — BULLS EYEING ANOTHER BREAKOUT!

$MSFT is showing strong bullish momentum after recovering from 525.96. Buyers are holding price near the recent high of 548.24, keeping the next upside move in focus!

Entry: 545.65
SL: 542.80

TP1: 548.24
TP2: 551.50
TP3: 555.00
Final Target: 560.00

The strong recovery has pushed $MSFT into a higher trading range, with buyers defending the 543–544 support area. A clean breakout above 548.24 could attract fresh buying pressure and open the way toward 555 and beyond.

Invalidation: Sustained breakdown below 542.80.

$MSFT bulls remain in contr

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You Probably Make Predictions Every Day Without Even Thinking About It.
You call the winner before a football match kicks off. You have an opinion about where Bitcoin is heading. You see a major announcement and start thinking about what happens next.
Everyone has these opinions. The interesting part is what happens when you put your conviction to the test.
That is what draws me to prediction markets.
Instead of endlessly debating what might happen, you can find a market around that event, look at what other participants are pricing in, form your own view and take a position.
And there is alwa

The ChiNext Index has really been beaten down this time, falling nearly 45% from its high. It’s probably close to bottoming out.
It finally stopped falling last Thursday, and today it rebounded on heavy volume. The market looks pretty healthy. Tech was especially active, with multiple stocks in humanoid robotics and AI short dramas hitting their daily limits; computing power and semiconductors also rebounded.
For now, the market is just repeatedly testing the bottom. Stay calm and ride it out!

First trade 10 USDT, trade more for up to 100 USDT https://www.gate.com/campaigns/6937?ch=9552&ref=BVIRBA8M&ref_type=132

$PEPE Currently trading at 0.00000533, up 7.24% over 24 hours (range: 0.00000494–0.0000054). The 1-hour trend is strong, with an RSI of 60; the 4-hour trend is also strong, with an RSI of 69. If it breaks above 0.0000054 decisively, watch for further upside. If it falls below the 0.00000498 support, the short-term structure may weaken. The market is highly volatile; for observation only.

This is truly awful. You're expanding capacity in 2031? You idiot. Your Chinese competitors are on track to double their capacity in just two years. You really think that's going to cut it?

The sky is falling! After being laid off following six years on the job, I checked my social insurance contributions and found out the company had been calculating them based on the minimum contribution base of just 4,000 yuan all along!

This is by no means an isolated case. It’s a hidden trap that countless workers fall into every day.

Most people just look at how much money lands in their account when they get paid and never take a close look at how the “social insurance” deductions on their pay stubs are calculated.

A monthly salary of 20,000 yuan, but the company contributes based on a

$B2 Repeated spikes followed by pullbacks—how should you position for an entry?

With the broader market having an impact, major coins are seeing little volatility and declining trading volume, and altcoins have weakened as well. B2 has repeatedly spiked and pulled back at the 0.48 resistance level. There is indeed heavy selling pressure here, and bears have established a strong defense.

However, B2 found support and rebounded again at 0.43 on declining volume. If it can retest 0.44 and volume picks up again, Sister Xing thinks it could continue pushing through around this level.

A breakout

A treat for cosplay fans😆, but you’ll need to pull for it. I pulled 3 times.
Prompt below (feel free to share your results):
9:16 vertical, 4K ultra-high definition, realistic CCD photography, cinematic outdoor portrait.
Two adult East Asian women, both over 20:
Left: Mai Shiranui, a delicate, sweet oval face, black high ponytail, white hair accessory, classic red-and-white ninja cosplay outfit, red wrist guards, black waist sash.
Right: Chun-Li, a delicate East Asian face, black hair in two buns, white ribbons, classic blue qipao-style cosplay outfit, gold embellishments, signature spiked wr

$XRP is showing signs of a potential bullish recovery, with buyers looking to regain control after the recent weakness. If the price holds above the entry zone and buying momentum improves, a move toward higher resistance levels could follow.

Long Setup – 36x

Entry: $1.0957–$1.0987

Key figures

- $1.1148 — First upside target
- $1.0703 — Key support to monitor
- $1.0507 — Lower support zone
- $1.0245 — Downside invalidation area

A sustained move above $1.1148 could strengthen the bullish outlook and open the door for further recovery. Watch for confirmation from buyers before expecting co

$JCT The price is about to reach 0.005854. Don't ask me whether buying the dip is the right move; I just want to say that buying the dip is not a crime.