Financial ETF (Short) -- (+SP500) - trading strategy
Profit Factor: 3.8
Avg Trade: $28
Winning Trades: 72%
A Closer Look into the trading strategy
Most edges and trading 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 trading strategy, we are shorting the market. Being so rare, short edges are hard to find, and are valuable additions to close to any portfolio!
All edges come with open Tradestation code in Easy language. An ELD file and workspace.