Your stop on $TIA at 0.67930 is probably in the wrong place. Here is where it belongs
Most traders pick a round percentage loss because it feels neat on the screen
The market does not care about your feelings or your neat math
Look at $TIA today with volume double its normal average and a 24 hour swing low down at 0.57600
Its hourly ATR is 4.3 percent of the price which is the normal noise of every single hour
If you put a tight stop closer than that hourly swing the random noise will tag you out before the move even starts
A proper stop belongs below the actual level that proves your idea is dead wrong
Put your stop past the last swing low or accept that you are just paying a fee to the order book
Where do you usually place your stops when volume spikes like this
#TIA #TradingTips
Most traders pick a round percentage loss because it feels neat on the screen
The market does not care about your feelings or your neat math
Look at $TIA today with volume double its normal average and a 24 hour swing low down at 0.57600
Its hourly ATR is 4.3 percent of the price which is the normal noise of every single hour
If you put a tight stop closer than that hourly swing the random noise will tag you out before the move even starts
A proper stop belongs below the actual level that proves your idea is dead wrong
Put your stop past the last swing low or accept that you are just paying a fee to the order book
Where do you usually place your stops when volume spikes like this
#TIA #TradingTips