Your stop on $PENDLE at $2.3170 makes sense until noise takes it out
Most traders slap a random percent loss on their screen
That is just paying the market a fee for no reason
A real stop goes past the swing low that breaks the thesis
Right now $PENDLE sits at $2.4020 right in the middle of today
The hourly ATR is 1.5 percent of price
Any tighter than that and normal breathing room triggers you
Put the protection where the structure actually fails
Where do you usually set your risk limits
#PENDLE #TradingTips
Most traders slap a random percent loss on their screen
That is just paying the market a fee for no reason
A real stop goes past the swing low that breaks the thesis
Right now $PENDLE sits at $2.4020 right in the middle of today
The hourly ATR is 1.5 percent of price
Any tighter than that and normal breathing room triggers you
Put the protection where the structure actually fails
Where do you usually set your risk limits
#PENDLE #TradingTips