Your $INJ stop at five percent is why you keep getting hunted. Here is where it actually belongs
Most traders pick a random percentage for $INJ and wonder why the wick takes them out before the move starts
The hourly ATR on $INJ sits at 1.1 percent of price which is just normal noise during any quiet session
If you put your stop closer than that 1.1 percent swing you are paying the market for no reason
The last swing low on $INJ is 8.0680 dollars which is the exact spot that proves the buyers failed
A proper stop goes just below that 8.0680 level because if that breaks the whole idea is dead
Let the chart tell you where to exit instead of a round number in your head
Where do you normally place your stops
#INJ #TradingTips
Most traders pick a random percentage for $INJ and wonder why the wick takes them out before the move starts
The hourly ATR on $INJ sits at 1.1 percent of price which is just normal noise during any quiet session
If you put your stop closer than that 1.1 percent swing you are paying the market for no reason
The last swing low on $INJ is 8.0680 dollars which is the exact spot that proves the buyers failed
A proper stop goes just below that 8.0680 level because if that breaks the whole idea is dead
Let the chart tell you where to exit instead of a round number in your head
Where do you normally place your stops
#INJ #TradingTips