/biz/ - Business & Finance

>>20909252
>When you see a stock rise like 500% in one day, it's over. Don't get in. You missed it. There was probably no way for you to get it anyway unless you have algos watching relative volume.
Correct! When looking at past PnDs you should do so with an eye to analysing how it might have been traded and where you could have reasonably entered and exited in a risk controlled way. With many of these those entry and exit points are very iffy and you would have had to get lucky twice, on both entry and exit, to get a reasonable chunk of the move without exposing yourself to -30% gap down or whatever overnight.