Your stop on $ALGO at $0.10580 is closer than the hourly noise allows
Most traders pick a random five percent loss and wonder why they get wicked out
$ALGO moves about 1.1 percent every single hour on average
Placing a risk limit tighter than that normal swing is just paying market makers a fee
The 24h swing low sits right at $0.10580 so any proper invalidation lives beneath that shelf
If market structure holds above that floor the idea stays alive
Put your exit where the chart actually breaks not where your emotions feel comfortable
Where do you normally set your risk limits
#ALGO #TradingTips
Most traders pick a random five percent loss and wonder why they get wicked out
$ALGO moves about 1.1 percent every single hour on average
Placing a risk limit tighter than that normal swing is just paying market makers a fee
The 24h swing low sits right at $0.10580 so any proper invalidation lives beneath that shelf
If market structure holds above that floor the idea stays alive
Put your exit where the chart actually breaks not where your emotions feel comfortable
Where do you normally set your risk limits
#ALGO #TradingTips