Near-perfect win rates might look like a red flag, but to call them a primary signal for insider trading is a big leap of faith.
Without understanding the market conditions, you could be misinterpreting a skilled trader in a quiet market.
Imagine a tiny market where only one person is trading; their win rate could be incredibly high just because there's no competition, not because they have insider information.
There’s a clear threshold of market size and participant number that needs to be met before jumping to conclusions about illicit activity.