$INJ broke through the 8 level.
A lot of stop-loss orders tend to cluster around key levels, so let’s first talk about why they matter.
A large number of stop-loss orders are usually placed around key levels. Once the price breaks through one, these stops are triggered all at once, and volatility often suddenly increases.
Sizing your orders based on where the stop-losses are placed is much more reliable than making a wild guess.
#INJ
I’m just sharing my thoughts; this is not investment advice.
A lot of stop-loss orders tend to cluster around key levels, so let’s first talk about why they matter.
A large number of stop-loss orders are usually placed around key levels. Once the price breaks through one, these stops are triggered all at once, and volatility often suddenly increases.
Sizing your orders based on where the stop-losses are placed is much more reliable than making a wild guess.
#INJ
I’m just sharing my thoughts; this is not investment advice.
