65-Day Academy · Day 64 · Capstone
Gauntlet 4/10 — the position goes wrong
The scenario continues
Nine days after entry: NVX announces a CEO departure with no successor — a governance shock your analysis never modeled. The stock gaps from $91 to $79, BELOW your $82 stop. You are filled at $78.50. Loss: $937 on 125 shares (−1.87R — the gap exceeded the stop, day 4). The fundamentals question: is the business broken, or just the leadership uncertainty?
What you'll practise
Gauntlet 4/10: the gap-through-stop. What is the disciplined post-mortem and next action?
25 XP in the app · intermediate
Sources
- Trading in the ZoneMark Douglas
- Event RiskDay 43
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All lessons are for educational purposes only and are not individualized financial advice, a recommendation, or a solicitation to buy or sell any security. Options involve substantial risk and are not suitable for every investor.