Financial Select Sector SPDR Fund
Profit Factor: 4.3
Avg Trade: $29
Winning Trades: 72%
A Closer Look
Most edges and strategies in equities are long biased. That’s not too strange, considering that equities have a bullish underlying drive that makes them always go up in the long term.
However, with this edge we are shorting the market. Being so rare, short edges are hard to find, and are valuable additions to close to any portfolio!