Your stop on $ARB at $0.145 is just noise waiting to hit.
The 24h swing low is $0.13220 that’s where you get proven wrong.
A 3.4% hourly swing from $0.15220 is about $0.147, so anything tighter gets shaken out by normal movement.
Tap $ARB and look at the last 24 hourly candles, the level is right there.
A stop belongs below the level that proves you wrong, not at a round number.
What’s your rule for placing stops?
Binance data as of 16 Sep 07:00 UTC. Not financial advice.
#ARB #TradingTips
The 24h swing low is $0.13220 that’s where you get proven wrong.
A 3.4% hourly swing from $0.15220 is about $0.147, so anything tighter gets shaken out by normal movement.
Tap $ARB and look at the last 24 hourly candles, the level is right there.
A stop belongs below the level that proves you wrong, not at a round number.
What’s your rule for placing stops?
Binance data as of 16 Sep 07:00 UTC. Not financial advice.
#ARB #TradingTips