Futures · Building a futures strategy · lesson 5 of 9 · 7 min read · David Alexander
Expectancy, net of the round trip, at frequency
net expectancy at frequency
The platform's costs-in-the-test law, at futures cadence: per-trade frictions are the platform's smallest and futures frequencies are its highest, so the bill's weight is set by the product - and day-trading rules with healthy gross edges routinely flip sign on frictions smaller than one tick. The flagship pair, worked at speed.
This lesson is part of the advanced modules.
Modules 6 to 8 are included with a paid account. The definitional summary above is the whole of this page until then.