Most people place stops at round percentages. That’s not where the stop belongs.
For $KORUB , price is $23.1100.
The last 1h swing low is 21.1200.
That’s the level that proves your long thesis wrong.
The 1h ATR is 1.9% of price that’s 0.439.
A stop at 22.67 would get hit by normal noise.
A stop at 21.12 waits for real failure.
Place your stop below the last confirmed swing low. Not below a percentage.
What’s your rule for where the stop actually belongs?
#TradingTips #KORUB
Not financial advice. My levels, my risk.
For $KORUB , price is $23.1100.
The last 1h swing low is 21.1200.
That’s the level that proves your long thesis wrong.
The 1h ATR is 1.9% of price that’s 0.439.
A stop at 22.67 would get hit by normal noise.
A stop at 21.12 waits for real failure.
Place your stop below the last confirmed swing low. Not below a percentage.
What’s your rule for where the stop actually belongs?
#TradingTips #KORUB
Not financial advice. My levels, my risk.