“...by AI fueled optimism”
Sounds 2000-ish
or 2008-ish
or 2020-ish
Had a co-worker say “it’s 2024 and they won’t let markets go down in an election year”
Ok, good to know.
Some markets have 24 hr. access. A stop loss exit won’t execute before a gap down opening.
I’m in cash right now. Especially considering current news about loopy AI performance which is apparently just the subjective reflections of the programmers’ bias.
“Some markets have 24 hr. access. A stop loss exit won’t execute before a gap down opening.”
Expanding. You can set a stop loss at say 90 for a stock at 95 but on a gap down you could be taken out at 80 only to find the stock trading at 90 or above.
“Some markets have 24 hr. access.”
Stop-losses are not usually executable in after hours trading.
“A stop loss exit won’t execute before a gap down opening.”
If the stock gaps down on the open below the set limit, the stop loss becomes a market sell and can execute below the set limit.