FAQ

Is Latest Analysis free to access?

You can explore Example Analysis for free to understand the methodology and see how the platform works. Latest Analysis is based on the most recent 12 months of market data and is available to premium subscribers.

How long does premium access last?

Premium access remains active while your subscription is active (weekly or monthly).

How often is the data updated?

Daily. The analysis is refreshed as new market data becomes available.

Why doesn’t the analysis update on Sundays or Mondays?

The analysis updates whenever new market data becomes available. Because US markets are closed at weekends, updates typically appear from Tuesday to Saturday, reflecting the previous trading day.

What happens when a subscription ends?

When your subscription ends, access to the Latest Analysis is removed. You can resubscribe at any time to regain access.

Can I download the data?

The raw data cannot be downloaded. However, premium subscribers can access the analysis at any time while their subscription remains active.

Why is Example Analysis free?

Example Analysis is free so users can understand the methodology, explore the analysis, and compare a historical 12-month period before deciding whether to subscribe for access to the latest 12-month window.

Why can a low win rate still be profitable?

Win rate only measures the percentage of profitable days. A strategy can still be profitable if gains on winning days outweigh losses on losing days.

Why can multiple strategies be profitable?

Different stop/limit settings can work well in different volatility regimes. The goal is to identify and compare multiple profitable combinations.

Why do some days show zero PnL?

On some days, and for some permutations, stop/limit outcomes can offset each other, resulting in a net result close to zero.

Why does performance change year to year?

These permutations reflect market behaviour and volatility, which varies over time. Past performance is not a reliable indicator of future results.

What do “points” mean in practice?

“Points” refers to movements up or down in the S&P 500 / US 500 index.

How should I choose between strategies?

Compare different metrics (Points, % Win Days, PnL, smoothness) and choose what best fits your risk tolerance and preferences.

Should I prioritise win rate or PnL?

That depends on preference, but PnL ultimately determines profit/loss. Note that PnL here assumes a fixed maximum loss amount per day.

Are smoother strategies “better”?

Not necessarily. Smoother strategies can be easier to stick with, but may not always produce the highest returns.

Why does a higher stop sometimes outperform?

A higher stop may increase the probability of hitting the limit (more win days), but losing days can be larger.

Why does the analysis use SPY data?

SPY is used because it is a highly liquid exchange-traded instrument that closely tracks the S&P 500. Using SPY provides consistent historical data while still reflecting the behaviour of the underlying index. For the purposes of this analysis, SPY movements are expressed in S&P 500 / US 500 index-style points so results can be interpreted in terms of the index.

Does this include spreads or fees?

A 0.7-point spread per trade is assumed. No additional fees are included.

Is slippage included?

No.

Are overnight gaps included?

Not applicable. Trades are opened intraday and closed by the end of the trading day.

What happens on volatile days?

Volatility benefits some permutations and harms others — that’s exactly what the analysis helps illustrate.

Does this mean the strategy will work in future?

No. Past performance is not a reliable indicator of future results.

Can this lose money?

Yes. Only trade what you can afford to lose.

Is this suitable for beginners?

The idea is simple, but beginners should practise on a demo account first.

Is this investment advice?

No — this is analysis only, not financial advice.