Most people put stops at round numbers. That’s not where the market is.
In
$CRV , price is at $0.34420.
The last 1h swing low is $0.33190.
That’s the level that proves you wrong.
A stop above that say $0.34000 gets hit by normal noise.
1h ATR is 1.8% of price.
That’s $0.0062.
So a 1.8% drop from current price is $0.3380.
$0.33190 is below that. It’s real.
Put your stop below $0.33190.
Not at $0.3400. Not at $0.3300.
Below the last swing low.
What’s your rule for where to place a stop?
#TradingTips #CRV
Not financial advice. My levels, my risk.