Your stop on $AVAX at $8.2770 is sitting right where the noise kills you
Most traders pick an arbitrary percentage loss and bleed out slowly
Look at the $AVAX candles to see how this actually works
The 24h swing low is sitting at $8.2590 right now
That means price just tested the floor of today's range
The 1h ATR is running at 0.5 percent of the current price
That is the normal hourly swing you get on every single candle
If your stop is tighter than 0.5 percent you get chopped out by random noise
Put the stop below the level that proves your thesis dead wrong
Where do you normally set your stops when trading crypto
#AVAX #TradingTips
Most traders pick an arbitrary percentage loss and bleed out slowly
Look at the $AVAX candles to see how this actually works
The 24h swing low is sitting at $8.2590 right now
That means price just tested the floor of today's range
The 1h ATR is running at 0.5 percent of the current price
That is the normal hourly swing you get on every single candle
If your stop is tighter than 0.5 percent you get chopped out by random noise
Put the stop below the level that proves your thesis dead wrong
Where do you normally set your stops when trading crypto
#AVAX #TradingTips