Soybean Meal Futures Trading Strategy
Profit Factor: 1.66
Avg Trade: $112
Winning Trades: 53%
A Closer Look into the trading strategy
This trading strategy and edge uses two conditions to determine when there is a short term bullish edge in the soybean meal market. Having so few conditions, there is a lot of room for improvement, by adding additional filters or tweaking the strategy logic.
Trades are held for just one day.
Despite the relative unpopularity of the market, trading the soybean meal market is a great way of extending into more markets in search for diversification and more profits. A nice trading strategy to your portfolio.