Why Indicators Won’t Save You
Here’s the contrarian reality: signals alone don’t create edge. The real issue lies in execution.
Imagine executing a perfect trade setup. Your entry is correct, your analysis is sound, your timing is precise. Yet the trade still fails because of spread widening. This is not rare—it is common.
This leads to the conditions-driven model. It read more states that execution quality amplifies or destroys edge.
Instead of acting as a counterparty, they provide transparent execution. This changes the dynamics of trading.
A wider spread means lower efficiency. Over time, this reduces profitability.
Speed is equally important. Latency creates friction. In fast markets, timing is everything.
The core insight is simple: analysis without conditions is insufficient.
When conditions improve, the same strategy often produces more stable outcomes.