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003: Cesar Alvarez on trading ideas, backtesting, stops and market timing

Better System Trader

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I've Had Large Losses Because of Overnight Gaps

Wright: The worst loss i've probably had, that was not because of a large gap, but s youkno, going persistently down. And no, i know you're probably cringing at that number, but no, it is not like it happens every every month. Wright: I think my worst last year, i had a stock opened down like 70 per centh a,. At that point, emmy, at that point, stopping would have done you absolutely no good.

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