Your stop on $ENA at $0.14810 is probably in the wrong place because percentages mean nothing to the chart
Most traders just pick a random three percent drop and wonder why they always get wicked out
Look at $ENA right now trading down six point one percent on the day at $0.14810
The one hour ATR is one point eight percent which means normal hourly noise easily covers that distance
If you put your stop closer than one hourly swing you are just paying a fee to the market maker
The actual swing low sits right at $0.14410 which is where the real defense happened
A proper stop belongs just under that invalidation level rather than an arbitrary round number
Put your stop past the noise or expect to get hunted
Where do you normally set your risk
#ENA #TradingTips
Most traders just pick a random three percent drop and wonder why they always get wicked out
Look at $ENA right now trading down six point one percent on the day at $0.14810
The one hour ATR is one point eight percent which means normal hourly noise easily covers that distance
If you put your stop closer than one hourly swing you are just paying a fee to the market maker
The actual swing low sits right at $0.14410 which is where the real defense happened
A proper stop belongs just under that invalidation level rather than an arbitrary round number
Put your stop past the noise or expect to get hunted
Where do you normally set your risk
#ENA #TradingTips