Your stop on $ARB at $0.215 is just noise waiting to hit.
The 24h swing low is $0.21040. That’s where the market proved sellers won.
A stop above that gets clipped by the normal 1.8% hourly swing that’s $0.0039.
$0.21960 minus $0.0039 = $0.21570.
You’re not protecting your trade. You’re feeding the candles.
A stop belongs below the level that proves you wrong.
Don't take my word for it. Tap $ARB and look at the candles.
Where do you place yours?
Binance data as of 24 Sep 14:20 UTC.
#ARB #TradingTips
The 24h swing low is $0.21040. That’s where the market proved sellers won.
A stop above that gets clipped by the normal 1.8% hourly swing that’s $0.0039.
$0.21960 minus $0.0039 = $0.21570.
You’re not protecting your trade. You’re feeding the candles.
A stop belongs below the level that proves you wrong.
Don't take my word for it. Tap $ARB and look at the candles.
Where do you place yours?
Binance data as of 24 Sep 14:20 UTC.
#ARB #TradingTips