Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome of the journal entry (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.
About the Security: "Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps , Google Play, Search, and YouTube. The Other Bets segment consists of businesses such as Access, Calico, CapitalG, GV , Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA."
About the Author: I'm happy to hear from my readers/audience and I encourage constructive feedback, although I'm busy I will give my best effort to reply; please don't get discouraged if I don't reply because your comment is still open for discussion with the rest of the Tradingview community. Some of my goals include building an esteemed reputation, gaining a professional following, achieving a Top Author title, and earning the Tradingview Wizard badge. Apart from Tradingview I consider myself a financial scientist and the work I offer to the community as contributions a part of my open journal/goodwill to mankind.
Disclaimer: To investors looking for trade setups be advised my journal entry is not a complete prospectus, please consider it accordingly. To students looking to learn be advised the information in my tradingview ideas may or may not constitute as valid forms of analysis because I use my journal entries as experiments, practice, diaries, journals, records, etc.
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