Your stop on $DYDX at 0.13568 is probably in the wrong place. Here is how to fix it
Most people just pick a random percentage loss and hope for the best
That fails because market noise will hunt you out every single time
Take $DYDX trading right now at 0.13568 with a 2.0 percent hourly swing
The 24h swing low sits down at 0.12980 which is right where support actually lives
If you put your stop closer than that normal hourly swing random chop takes your money
A stop belongs below the level that invalidates your idea and nowhere else
Where do you normally set yours
#DYDX #TradingTips
Most people just pick a random percentage loss and hope for the best
That fails because market noise will hunt you out every single time
Take $DYDX trading right now at 0.13568 with a 2.0 percent hourly swing
The 24h swing low sits down at 0.12980 which is right where support actually lives
If you put your stop closer than that normal hourly swing random chop takes your money
A stop belongs below the level that invalidates your idea and nowhere else
Where do you normally set yours
#DYDX #TradingTips