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I have been looking at these two metrics on the system reports, and I
just don't get it. Check this out:
Ticker Trade Date Price Ex. date Ex. Price % chg Profit % Profit
Shares Position value Cum. Profit # bars Profit/bar MAE MFE
AVCI Long 5/11/2006 6.5 5/23/2006 6.33 -2.62% -27.1 -2.62% 159.417
1036.21 -27.1 9 -3.01 -10.46% 8.46%
This trade was entered and exited on the close.
According to this report the MFE was 8.46%, which I am assuming was
the peak gain from entry point during the trade. The problem is the
stock was tanking during this trade. Can anyone explain how this
number is possible?
Thanks,
Michael
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