Your stop on $CELO at 0.07019 is likely sitting in the wrong spot

Most traders pick a random percentage loss or a round number that feels safe

That is just guessing where the market will stop caring

Look at $CELO right now with its 1 hour ATR sitting at 1.0 percent of price

An hourly swing of 1.0 percent means normal noise will chew up any tight stop instantly

The last 24 hour swing low on $CELO rests down at 0.06747

Your protection belongs underneath the actual market structure that proves your thesis dead wrong

Never place a stop where normal hourly volatility can reach it by accident

Where do you normally set your stops

#CELO #TradingTips