Your stop on $RAD is too close at 0.36100 and it will get triggered by normal noise
Most traders pick a random percentage for risk instead of looking at what the chart is actually doing
The hourly swing on $RAD is currently 10.2 percent wide which means normal movement will eat a tight stop instantly
Placing a risk limit at the swing low of 0.26100 gives the trade actual room to breathe
Putting your stop where it hurts instead of where the market breathes is why most accounts bleed slowly
Always put your stop below the structural level that proves your thesis is completely dead
Where do you normally set your risk distance
#RAD #TradingTips
Most traders pick a random percentage for risk instead of looking at what the chart is actually doing
The hourly swing on $RAD is currently 10.2 percent wide which means normal movement will eat a tight stop instantly
Placing a risk limit at the swing low of 0.26100 gives the trade actual room to breathe
Putting your stop where it hurts instead of where the market breathes is why most accounts bleed slowly
Always put your stop below the structural level that proves your thesis is completely dead
Where do you normally set your risk distance
#RAD #TradingTips