Your stop on $W at $0.01257 is too tight if noise swings 1.7 percent every hour
Most traders put stops at random percentages instead of the chart structure
Right now $W sits at $0.01335 after tapping a 24 hour low of $0.01257
That normal hourly swing of 1.7 percent means a lazy stop gets hunted instantly
If you enter a trade here the invalidation level sits under that recent swing low not a round number
Let the market breathe past the noise or stay out entirely
Where do you normally set your stops
#W #TradingTips
Most traders put stops at random percentages instead of the chart structure
Right now $W sits at $0.01335 after tapping a 24 hour low of $0.01257
That normal hourly swing of 1.7 percent means a lazy stop gets hunted instantly
If you enter a trade here the invalidation level sits under that recent swing low not a round number
Let the market breathe past the noise or stay out entirely
Where do you normally set your stops
#W #TradingTips