Issues with answer

Quant Trading Strategies & Ideas
1

Course Name: Volatility Trading Strategies for Beginners, Section No: 5, Unit No: 8, Unit type: Quiz

how come the correct answer its $215? if the price is $190 and the ATR is $5 , wouldn't it be $195 the stop loss? , chatgpt3.5 and 4 give different answers here.  

- also the explanation doesnt make sense

2

Hi Sebastian,



I understand your confusion. The reason why $215 is the correct answer is because the stop-loss has to be reset every day not every couple of hours.



A note has been added to the question to avoid this confusion.



Hope this helps!



Thanks

Rushda