Your stop on $TIA at $0.56840 is closer than the hourly noise
Most traders put a stop at a round percentage and wonder why it always gets swept
Right now $TIA sits at $0.57230 down 8.2 percent on the day
The hourly ATR is 1.8 percent which means normal chop moves about one cent every sixty minutes
If your stop is tighter than that natural swing the market will take it just by breathing
A real stop goes below the level that proves your idea is dead wrong not where it hurts the least
Where do you usually put your stop loss
#TIA #TradingTips
Most traders put a stop at a round percentage and wonder why it always gets swept
Right now $TIA sits at $0.57230 down 8.2 percent on the day
The hourly ATR is 1.8 percent which means normal chop moves about one cent every sixty minutes
If your stop is tighter than that natural swing the market will take it just by breathing
A real stop goes below the level that proves your idea is dead wrong not where it hurts the least
Where do you usually put your stop loss
#TIA #TradingTips