Short The Tech - XLK Short trading strategy
Profit Factor: 3.32
Avg Trade: $153
Winning Trades: 60,4%
A Closer Look into the trading strategy
This trading strategy takes advantage of the regular weaknesses in the tech sector to consistently generate impressive profits. By leveraging this edge, investors can obtain an impressive return on investment and healthy margin, with a profit factor that has consistently been above 3.
However, it’s important to bear in mind that past performance is not necessarily indicative of future results. Before investing, it’s important to do your own research and ensure that the strategy is suitable for your needs.