Your $RUNE stop at five percent is why you keep getting wicked out
Most traders put risk on arbitrary round numbers instead of market structure
Look at $RUNE trading right now at $0.74000 sitting inside a $0.70600 to $0.76800 daily range
The hourly ATR is 2.4 percent of price which is just normal noise on the chart
If you tuck your stop inside that 2.4 percent zone random chop will take your money
A real stop belongs below the swing low at $0.70600 where the trade idea actually dies
Do the math on your ATR before you place your next order
Where do you normally set your risk
#RUNE #TradingTips
Most traders put risk on arbitrary round numbers instead of market structure
Look at $RUNE trading right now at $0.74000 sitting inside a $0.70600 to $0.76800 daily range
The hourly ATR is 2.4 percent of price which is just normal noise on the chart
If you tuck your stop inside that 2.4 percent zone random chop will take your money
A real stop belongs below the swing low at $0.70600 where the trade idea actually dies
Do the math on your ATR before you place your next order
Where do you normally set your risk
#RUNE #TradingTips