Most traders put stops where it feels safe. Pros put them where the market proves them wrong.
ATR measures how far a coin normally moves in a day. A stop inside one ATR gets hunted by normal noise. Two ATRs gives the trade room to breathe, and still cuts the loss early.
Risk first, profit second. More like this on my profile.
ATR measures how far a coin normally moves in a day. A stop inside one ATR gets hunted by normal noise. Two ATRs gives the trade room to breathe, and still cuts the loss early.
Risk first, profit second. More like this on my profile.