Your stop on $CHZ at 0.01439 is just a random guess if market noise can hit it
Most traders pick a round percentage loss instead of looking at the actual chart structure
With $CHZ sitting at 0.01496 and the 1h ATR at 1.6 percent your stop needs room to breathe
If you place your stop closer than that 1.6 percent swing normal hourly chop will take you out before the move starts
A proper stop goes below the level that proves your idea is completely dead
Put your exit under the recent swing low so a random candle does not ruin your trade
Where do you normally place your stops
#CHZ #TradingTips
Most traders pick a round percentage loss instead of looking at the actual chart structure
With $CHZ sitting at 0.01496 and the 1h ATR at 1.6 percent your stop needs room to breathe
If you place your stop closer than that 1.6 percent swing normal hourly chop will take you out before the move starts
A proper stop goes below the level that proves your idea is completely dead
Put your exit under the recent swing low so a random candle does not ruin your trade
Where do you normally place your stops
#CHZ #TradingTips