Oh please! To claim Jack magically got out of his position trade during the brief moment on the following day that it was slightly profitable is laughable. If he was that good he would have shorted the stock instead.
For the bars shown, the maximum adverse excursion was -2,304 and the maximum favorable excursion was $208.
If that seems good to you it explains why you're defending him.
For the bars shown, the maximum adverse excursion was -2,304 and the maximum favorable excursion was $208.
If that seems good to you it explains why you're defending him.
Quote from TIKITRADER:
You add all this decreasing price after the trade is over to look like the position failed to be profitable.
