I really have no reason to doubt this guy as he's a pretty prolific trader. That said...traders are rather known for hyperbole.
Per the 20%, I forget what it was but I know trades were rolled back and there was some kind of threshold for them. When I first wrote this, 20% losses was what I remembered. There's an article on it somewhere with the actual amounts. I think it had to do with how far stop limits were off from the open price of the stock.
Per the 20%, I forget what it was but I know trades were rolled back and there was some kind of threshold for them. When I first wrote this, 20% losses was what I remembered. There's an article on it somewhere with the actual amounts. I think it had to do with how far stop limits were off from the open price of the stock.