Your stop on $CRCLB is probably in the wrong place and here is where it actually belongs
Most traders pick a random percentage loss instead of looking at the chart
Price is sitting at 75.4100 right now up 3.1 percent on the day
The last 24h swing low sits at 71.8500 right below us
The hourly ATR is 1.0 percent which is just normal market noise
If you put your stop tighter than that noise you get wicked out before the move starts
A real stop goes below the level that proves your idea is dead wrong
Do not take my word for it, tap $CRCLB and look at the candles
Where do you normally set your risk on a chart like this
#CRCLB #TradingTips
Most traders pick a random percentage loss instead of looking at the chart
Price is sitting at 75.4100 right now up 3.1 percent on the day
The last 24h swing low sits at 71.8500 right below us
The hourly ATR is 1.0 percent which is just normal market noise
If you put your stop tighter than that noise you get wicked out before the move starts
A real stop goes below the level that proves your idea is dead wrong
Do not take my word for it, tap $CRCLB and look at the candles
Where do you normally set your risk on a chart like this
#CRCLB #TradingTips