Spectre.AI’s Reverse Futures allows trading on Positive Stocks in the past!
2020 has been extremely opportunistic from a professional trading perspective. Although the larger economic landscape has suffered due to the current Pandemic, several organizations have had their stocks flying at an all-time high price. The best example out there was Tesla’s meteoric rise.
Source: Trading View
Between 18th March 2020 to 1st September 2020, Tesla’s stock has been up by 595% which is astonishing and beyond anyone’s expectations. After the collapse on 13th March, very few people were able to capitalize on TSLA stock, and many traders were left pondering on this missed opportunity.
Now, what if, it was still possible to take advantage of that particular trade? If the investment sector was told by a broker that they would be able to take advantage of Tesla’s 2020 exploit, there is a chance a 100% of them would take the opportunity firsthand.
At the moment, the feat is now entirely possible with Spectre.AI’s new asset class product.
Spectre.AI brings forward Reverse Futures
Introducing a brand new asset class, Spectre.AI Reverse Futures conveys the exact meaning with its title. The Reverse Futures allows the platform’s potential traders to draw speculation and trade on real-world equities but from a historical point of view. The idea behind the futures product is to synthetically construct the price performance of strong assets from the past and streamed them forward in time.
In simple terms, traders would be able to open long-positions on successful assets class such as Apple, Tencent, Microsoft, Google, and TESLA from a point of time, that is years before its current profitable state.
However, it is not as straightforward as it seems. Traders cannot simply trackback to particular data and time in the past, while the prediction is 100% accurate in terms of profitability and movement.
Because they follow the price trajectory and movement of these successful assets, the price mediation is not exactly random. At the moment, All the global major equities are available to trade on Spectre.AI with its Reverse Futures Functionality, and it provides an advantage like none other to the platform’s traders.
Source: Spectre.AI
Payouts in the 90% range and Weekend Trading
With Spectre’s Reverse Futures’, the returns become an interesting prospect with the asset class. With Reverse Futures, the payouts are in the 90% range and potential trades can possibly peak at 400$, when the trader completes three back-to-back winning trades.
However, it is important to note that traders will need to choose a digital contract structure, not a covered CFD, that allows the traders to trade with Reverse Futures, without any defined gains and losses. A little bit of risk goes in Reverse Futures contract structure, but the rewards are worth it.
The fact that Reverse Futures are also open for trading on the weekend is an added benefit. The traditional asset class does not facilitate trading on Saturday and Sunday but the playing field is different for Spectre.AI’s asset class.
According to the organization, by the end of 2021, trades can expect 100 more prominent equities around the world that would be available on Spectre.AI to trade. With the introduction of Reverse Futures, trades would still be able to access the format of traditional spot trading of equities, so that there is something for everyone.
To know more about Spectre.AI’s trading platform, please visit the following website and they are also featured in Forbes.
Disclaimer: This is a paid post and should not be taken as news/advice.
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Akshay KS, Khareem Sudlow