AI
| Followers | 74 |
| Posts | 3928 |
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| Alias Born | 03/23/2013 |
Thursday, April 08, 2021 9:09:05 PM
Is that why since 2/1, IBB is only down by 8% and we’re down 25%? Lol
That's exactly why. (back at ya)
AMRN ATR(Average True Range) = 5.0%
IBB ATR(Average True Range) = 2.1%
That means AMRN will move 3x IBB up or down. Do you know what 3 x 8% is?
AMRN vs IBB = identical performance.
I'm very surprised an 'expert swing trader' like yourself isn't familiar with Average True Range.
FFS
