Your stop on $TON at 1.6000 is probably in the wrong place. Here is where it belongs
Most traders pick a random percentage and hand money to the market
Right now $TON trades at 1.6000 sitting right inside its daily range
The hourly ATR is 1.4 percent which means normal noise swings about 0.022 dollars every hour
If you put a tight stop closer than the recent swing low of 1.5780 you get shaken out by basic market breath
A real stop goes past the level that invalidates the idea not inside the noise floor
Put your stop where the setup is dead not where it hurts
Where do you usually put yours
#TON #TradingTips
Most traders pick a random percentage and hand money to the market
Right now $TON trades at 1.6000 sitting right inside its daily range
The hourly ATR is 1.4 percent which means normal noise swings about 0.022 dollars every hour
If you put a tight stop closer than the recent swing low of 1.5780 you get shaken out by basic market breath
A real stop goes past the level that invalidates the idea not inside the noise floor
Put your stop where the setup is dead not where it hurts
Where do you usually put yours
#TON #TradingTips