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

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