Your stop on $INIT at 0.20405 is probably in the wrong place because percentage stops are a trap
Most people pick an arbitrary five or ten percent loss and get hunted out instantly
Look at the actual math on $INIT right now with volume running at 5.7x the weekly average
The hourly ATR is sitting at 8.1 percent which means normal market noise swings sixteen cents up and down every single hour
Placing your protection below the 24h swing low of 0.11940 is the only way to give the trade room to breathe
If your invalidation point sits closer than that normal hourly volatility you are just paying a tax to the market makers
Put your stop past the structural low that actually invalidates your thesis instead of guessing a random number
Where do you usually put your stops when volatility is this high
#INIT #TradingTips
Most people pick an arbitrary five or ten percent loss and get hunted out instantly
Look at the actual math on $INIT right now with volume running at 5.7x the weekly average
The hourly ATR is sitting at 8.1 percent which means normal market noise swings sixteen cents up and down every single hour
Placing your protection below the 24h swing low of 0.11940 is the only way to give the trade room to breathe
If your invalidation point sits closer than that normal hourly volatility you are just paying a tax to the market makers
Put your stop past the structural low that actually invalidates your thesis instead of guessing a random number
Where do you usually put your stops when volatility is this high
#INIT #TradingTips