Noman Research

Better execution.
Observable outcomes.

Research and field notes on how orders become outcomes. Each article states what its evidence can show.

Pixel-art stablecoin trading station capturing a temporary high-profit window in volatile markets
003 / Live stablecoin execution

When High-Profit Windows Open

Four days of live stablecoin spread trading

3,518 filled cycles, 683 earning at least 2 bps and a 99.72% win rate. Why the opportunity widened, and why the final day returned to 0.42 bps.

Noman · Live window review · 1 November 2026Read the record ↗
Pixel-art illustration of a stablecoin spread trading dashboard
002 / Live stablecoin execution

What Can Less Than 1 bp Add Up To?

A 30-day stablecoin trading record

One early account, 2,072 filled cycles and 208.00 USDC in estimated user net profit after a 25% platform fee.

Noman · Live case note · 27 October 2026Read the record ↗
Pixel-art cover of the passive DCA research
001 / Bitcoin execution

Can Limit Orders Improve DCA?

What 5.8 Million Bitcoin Candles Actually Show

Read the complete study: mathematical model, backtest design, fee attribution, retail budgets and full appendix.

Tao Tao · Working paper v1.0Read the study ↗

The stablecoin articles report historical live execution. The Bitcoin paper reports a retrospective candle model. Neither is a future return forecast.