UNIQUE ZYX CHANGE METHOD
FIVE STAGES OF A SHORT TRADE
When a change occurs, the price moves in five stages over time. The diagram shows the five stages of a short trade based on change. The diagram also shows where the highest alpha trade entry should be made and where the highest alpha trade exit should be made. In simple words, alpha measures generation of excess return over what is commensurate with the risk taken. Professional investors strive for the highest alpha.
