ARTICLE SYNOPSIS...Stocks & Commodities V. 24:4 (42-46): The Average Peak Excursion by Chris Young With a multitude of stocks to choose from, how do you know which ones are the best to trade, and how do you determine the best time frame to trade them? As traders, your ob
ARTICLE SYNOPSIS...The Maximum Favorable Excursion Strategy by David C. Stendahl and Leo J. Zamansky Maximum favorable excursion (MFE) is the peak profit that a trade earns before the trade is closed out. Reviewing the performance of a trading system allows us to measure