Technical analysis by cue31035 about Symbol JOE on 7/13/2023

Risk cancellation happens when you have an unrealized gain that can cover the risk you set for that particular trade. It can also be a situation where an open position is on the winning side and just waiting for a trail stop/target profit to be executed. In those situations, set your stops at breakeven.Risk cancellation may give you more room to add trades/positions without adding the value at risk of your portfolio.