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Compliance Statement & Disclaimer.

DevStops

      Many traders become so focused on learning how to enter trades, they fail to take profit or cut losses       properly. The DevStop is the closest we can come to an ideal stop level in the real world. This stop accounts       for volatility (which is directly proportional to risk), and also accounts for the variance of volatility (how much       risk changes from bar to bar) and volatility skew (the propensity for volatility to spike higher from time to       time). So we can take profit or cut losses at levels at which the probability of a trade remaining profitable is       low, without taking more of a loss or cutting profits any sooner than necessary.