Your stop on $PYTH at $0.07981 is too close if the hourly noise is 1.5 percent
Most traders put stops at random percentages instead of structural levels
If you buy here you are betting the recent low holds
The normal hourly swing is 1.5 percent so a tight stop gets clipped by random noise alone
That means your stop belongs safely below the swing low that actually invalidates your trade
Open $PYTH and set an alert at that level
Where do you normally place your stops
#PYTH #TradingTips
Most traders put stops at random percentages instead of structural levels
If you buy here you are betting the recent low holds
The normal hourly swing is 1.5 percent so a tight stop gets clipped by random noise alone
That means your stop belongs safely below the swing low that actually invalidates your trade
Open $PYTH and set an alert at that level
Where do you normally place your stops
#PYTH #TradingTips