Most stops on $STX are sitting at random percentages and getting clipped by noise
Put your stop below the actual level that proves your idea is dead wrong
Look at $STX right now sitting around 0.33980 dollars
The 24 hour swing low sits at 0.32080
The hourly ATR is running at 1.7 percent of price
That means normal market breathing room eats up a tight stop instantly
If you put your risk inside that 1.7 percent hourly swing the noise will take you out before the move even starts
The stop goes below the 0.32080 swing low because breaking that level invalidates the whole picture
Put your stop past the noise or do not take the trade
Where do you normally set your risk distance
#STX #TradingTips
Put your stop below the actual level that proves your idea is dead wrong
Look at $STX right now sitting around 0.33980 dollars
The 24 hour swing low sits at 0.32080
The hourly ATR is running at 1.7 percent of price
That means normal market breathing room eats up a tight stop instantly
If you put your risk inside that 1.7 percent hourly swing the noise will take you out before the move even starts
The stop goes below the 0.32080 swing low because breaking that level invalidates the whole picture
Put your stop past the noise or do not take the trade
Where do you normally set your risk distance
#STX #TradingTips