Your stop on $WIF at 0.18170 is likely sitting in the wrong spot
Most traders pick a random five percent loss and call it a risk plan
That is just guessing where the market hurts you
Look at the actual mechanics on $WIF right now
The last 24h swing low sits right at 0.17630
The normal hourly swing runs at 1.3 percent of the price
Put your stop closer than that and standard noise takes you out
A proper stop belongs below the specific level that ruins the trade idea
Where do you normally drop your stop loss level
#WIF #TradingTips
Most traders pick a random five percent loss and call it a risk plan
That is just guessing where the market hurts you
Look at the actual mechanics on $WIF right now
The last 24h swing low sits right at 0.17630
The normal hourly swing runs at 1.3 percent of the price
Put your stop closer than that and standard noise takes you out
A proper stop belongs below the specific level that ruins the trade idea
Where do you normally drop your stop loss level
#WIF #TradingTips