Your stop on $DOT at 1.1720 is probably in the wrong place
Most traders just pick a random round percentage to cut losses
That is just guessing where the pain stops
Right now $DOT has a 1h ATR of 1.5 percent of price
That means a normal hourly swing will chop right through any tight guess
The actual 24h swing low sits at 1.1020
If you put your stop above that floor noise will just take it before the move works
A real stop goes below the level that actually proves your idea wrong
Where do you normally set yours
#DOT #TradingTips
Most traders just pick a random round percentage to cut losses
That is just guessing where the pain stops
Right now $DOT has a 1h ATR of 1.5 percent of price
That means a normal hourly swing will chop right through any tight guess
The actual 24h swing low sits at 1.1020
If you put your stop above that floor noise will just take it before the move works
A real stop goes below the level that actually proves your idea wrong
Where do you normally set yours
#DOT #TradingTips