Your stop on $GLMR at $0.01250 is probably in the wrong place
Most traders just pick a round five percent loss and hope for the best
That random number puts your money right where normal market noise sweeps through
Take $GLMR sitting at $0.01250 with a one hour swing of 4.5 percent right now
If you set your stop closer than that hourly swing your trade dies from standard chop
The 24h swing low sits at $0.01010 which is where the actual structure breaks
Put your stop below the level that proves your thesis wrong instead of guessing a percentage
Where do you usually put your stop loss on volatile moves
#GLMR #TradingTips
Most traders just pick a round five percent loss and hope for the best
That random number puts your money right where normal market noise sweeps through
Take $GLMR sitting at $0.01250 with a one hour swing of 4.5 percent right now
If you set your stop closer than that hourly swing your trade dies from standard chop
The 24h swing low sits at $0.01010 which is where the actual structure breaks
Put your stop below the level that proves your thesis wrong instead of guessing a percentage
Where do you usually put your stop loss on volatile moves
#GLMR #TradingTips