Price Action Protocol Pdf Download [EXCLUSIVE]
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The logical stop-loss is a target price point that you set to optimize your profits. The key to a profitable trading career is to trade with a proper stop-loss. The objective of any stop-loss is to protect profits and minimize losses. The price you set as the stop-loss is calculated in such a way that it remains below the price of your entry. If the market moves against you, your stop-loss will get hit and your gains will be protected. If the market moves in your favor, your stop-loss will not get hit and you will suffer only minimal losses. Once the price action moves against you, you will experience a decrease in portfolio value.
Pride, greed, fear, and risk aversion are very human emotions. To practice control over these emotions, you need to develop your trading. You need to hone your price action skills to avoid the traps in your trading. In this article, I will discuss the following topics:
What is a logical stop-loss?
How should you determine a logical stop-loss?
What do you do when a logical stop-loss is violated?
The stop-loss represents your expected price to exit a trade. The stop-loss is usually represented as a percentage of the initial entry price. For example, if you were trading a 1-year treasury note, then a 50% stop-loss would be $1.50, which means that you are willing to exit at a price below $1.50 and lock in a maximum loss of 50% of your initial entry. The 50% stop-loss is called a 50% stop-loss. A 50% stop-loss is usually a safe position to take in most instances. It is a fail-safe position that will protect your gains from the market. You can trade with smaller stop-losses, but the larger the position size, the larger the stop-loss becomes. Therefore, when you trade a position size of $1 million, your stop-losses should be larger.
In this procedure, you will upload your data to S3 using the HTTPS protocol. If you host your own web server, you can upload your data to S3 using the HTTP protocol. For more information, see Using the HTTPS protocol to upload data to Amazon S3 . For more information about uploading data to S3 using HTTPS, see Uploading data to Amazon S3 using HTTP POST .
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