Your $GNS stop is at a round number and that is why you keep getting wicked out
Most traders pick a random percentage loss instead of reading the chart
Look at $GNS right now sitting at $0.63100 after a huge push
The 24h swing low sits down at $0.46600 and the normal hourly movement is 11.1 percent of price
That means random hourly noise alone moves the price by about $0.07000 every single hour
If you put a tight stop closer than that normal swing you are just paying the market a tax
A proper stop belongs below the structural level that completely invalidates the trade idea
Never put your stop where standard market noise can clip you before the move even starts
Where do you normally place your stops when trading high volatility tokens
#GNS #TradingTips
Most traders pick a random percentage loss instead of reading the chart
Look at $GNS right now sitting at $0.63100 after a huge push
The 24h swing low sits down at $0.46600 and the normal hourly movement is 11.1 percent of price
That means random hourly noise alone moves the price by about $0.07000 every single hour
If you put a tight stop closer than that normal swing you are just paying the market a tax
A proper stop belongs below the structural level that completely invalidates the trade idea
Never put your stop where standard market noise can clip you before the move even starts
Where do you normally place your stops when trading high volatility tokens
#GNS #TradingTips