Your stop on $W at $0.01179 is just sitting where the noise lives
Most people pick a random percentage or a round number for risk
That is a donation to the order book
Look at $W right now trading at $0.01196 with an hourly swing of 1.2 percent
If you put your stop closer than that normal hourly bounce you get hunted by flat volatility
The 24h swing low sits right at $0.01179 and that is the actual floor that invalidates the idea
A stop belongs below the level that proves you wrong not inside the normal noise of the candle
Where do you normally set your risk on a chart like this
#W #TradingTips
Most people pick a random percentage or a round number for risk
That is a donation to the order book
Look at $W right now trading at $0.01196 with an hourly swing of 1.2 percent
If you put your stop closer than that normal hourly bounce you get hunted by flat volatility
The 24h swing low sits right at $0.01179 and that is the actual floor that invalidates the idea
A stop belongs below the level that proves you wrong not inside the normal noise of the candle
Where do you normally set your risk on a chart like this
#W #TradingTips