Is it profitable in every time-frame or asset?

You are here:
Estimated reading time: < 1 min

We made a deal with God, he doesn’t trade and we don’t do miracles. So the answer is NO, there will be assets and timeframes that Spectro™ won’t perform well(20% of times according to the backtesting & Paretto’s Law, of course). Also, we have to consider outside factors such as human error & speed, exchange delays and of course commissions. Let’s say Spectro™ has a great precision on the 1-minute graph but you’re not taking into consideration commission fees. So, let’s say you made 0.3% profit on a trade but you have 0.5% in total fees – you would be losing money in this situation. So Spectro™ doesn’t work miracles and requires very basic trading knowledge.

Thank you for reading.

Was this article helpful?
Dislike 0
Views: 37