Apparently there is a rule! https://www.bloomberg.com/amp/news/...ould-fall-further-with-three-day-rule-in-play
Lmao, they probably just made that bs up. I'm sure there is some obscure rule for any instance they need one for.
right. There is such rule and is written by professional writers/talkers not professional traders. The problem is that they don't spend thousands and thousands of hours looking at charts. In real life, there are few hours rule, 1 day rule, 2 day rule 3 day rule and multiple day rule.
Maybe the article's author got the 3 day rule mixed up with getting a girl's phone number. What if in the mix up he tried to buy her like stock.