Reply To: Trades week ending – 6/1/23

#51537
Christopher Miranda
Participant

GU buy
Shorties coming in, stops above price, NET DM shorts moving up and longs down

Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

Longies entered, my friend, simple as that. We have to change and adapt to the DM.
Your entry was late, the shorts we see in the histograms were already priced in, longies in profits, price near the top of the range. Of course its easy for me to say this after the fact, I mean no offense, I’m surprised the algo didn’t take those stops above as well.

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