November 2019
Beginner
394 pages
10h 31m
English
While analyzing positions that a trading strategy gets into, it is also important to measure how long a position stays open until it is closed and returned to its flat position or opposition position. The longer a position stays open, the more risk it is taking on, because the more time there is for markets to make massive moves that can potentially go against the open position. A long position is initiated when the position goes from being short or flat to being long and is closed when the position goes back to flat or short. Similarly, short positions are initiated when the position goes from being long or flat to being short and is closed when the position goes back to flat or long.
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