Your stop on
$STX at 0.36630 is right where the noise eats it
Most traders put stops at random round percentages like five percent down
That is just guessing where pain happens instead of reading the chart
On
$STX right now the one hour ATR is 1.2 percent
That means normal hourly swings cover over four tenths of a cent just breathing
If you tuck your stop inside that normal swing market noise takes you out before your idea even gets tested
A real stop goes past the structure that invalidates the trade not inside the chop
For
$STX the twenty four hour swing low sits at 0.36630 right near the bottom of today's range
Put your protection where the market actually changes its mind instead of arbitrary math
Where do you normally place your stops on a choppy chart
#STX #TradingTips