Overnight Trading Strategy (+Backtest) | NIGHT TRADING

Do not forget to become a member and join our community on our website. In this video, we will show you how to make money overnight with the Overnight Trading Strategy in SPY, which tracks the S&P 500. An overnight trading strategy is invested from the close until the open or close the next trading day, making it a great way to make passive income. Our strategy involves buying the close if today is the third lower close in a row and selling at the open the next day. Since 1993, this strategy has made 643 trades with an average gain of 0.13% per trade and a win rate of 65%. The max drawdown is 8%. Some may argue that the gains are too small to trade, but with SPY trading at $400, this is more than enough to offset slippage and commissions. If you exit at the close the next day, you can increase the average gain per trade to 0.24%. However, the win rate drops to 60%, and the max drawdown doubles to 17%. At our website, you can find plenty of similar ideas to improve your trading strategy. We are trading a variant of this strategy ourselves, where the average gain is 0.35% per trade, but with a reduced number of trades. Overnight trading strategies like this are very tradable, and we hope this video helps you make more informed trading decisions. Don't forget to like, comment, and subscribe to our channel for more trading strategies and insights. #overnighttrading #SPY #SP500 #passiveincome #tradingstrategy #investing #tradingsuccess #financialfreedom #stockmarket #daytrading #tradingtips You can read more about it here: https://www.quantifiedstrategies.com/... TWITTER https://bit.ly/Twitter_QS INSTAGRAM https://bit.ly/Instagram_QS NEWSLETTER - QUANTIFIED STRATEGIES 30 000+ Traders read our free newsletter about trading strategies. Sign up: https://bit.ly/substack_QS RISK DISCLAIMER Quantified Strategies (SIA Lofjord) is not an investment advisor. The content and information provided are educational and should not be treated as financial advisory services or investment advice. Trading and investment in securities involve substantial risk of loss and is not recommended for anyone that is not a trained trader or investor – it shall be conducted at your own risk. It is recommended that you never risk more than you are willing to lose. Leverage can lead to substantial losses. Any use of leverage, margin, or shorting is at your discretion. Quantified Strategies (SIA Lofjord) is not responsible for any losses that occur as a result of its content and information. Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, Since the trades have not been executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representations are made that any account will or is likely to achieve profit or losses similar to those shown.