Your stop on
$STX at 0.34130 is sitting right where noise will hunt it
Most traders pick a random five percent loss and hope for the best
That is just guessing where the market hurts you
The 1h ATR on
$STX is 2.2 percent right now
That means normal hourly candles swing about that much on their own
If you put your stop closer than that normal swing you get stopped out by pure noise
The last 24h swing low on
$STX is down at 0.32740
A proper stop belongs below that real structural floor that proves your bias wrong
Put it where the thesis breaks not where your pain tolerance ends
Where do you normally set your stops
#STX #TradingTips