
91 - Candle Ball Live - 4/12/2023
The Trade Busters
The Risk of a Double Stop
Kirk: In live trading, I don't think it's happening. The risk the mechanics are if you get stopped out, you manually close the other side. So because of that, what Kirk said, yes, there's no risk there. But the interesting thing is that primarily once you hit that gap or overnight, like a lot of that, has most of the risk period and you're basically becoming zero dt. If one side is stopped, that other side is basically almost gonna be worthless. And so we set a trailing stop. It's just like, and now in the back test, there's not that mechanic, but there's actually,I don't believe there's
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.