FAQs Frequently Asked Questions

Let's take YNDX as an example. The pocket pivot on 7/26/11 closed, even when including the gap up, in its lower half, on a day when the general market traded fairly tightly, as the NASDAQ Composite was only off -0.1%. Thus, if one bought a position, one could either sell their position by the market close or wait to see how it trades the next day, keeping stops tight.