Your stop on $PEPE at 5 percent below entry is just a donation to the exchange
Most people pick a round number instead of looking at the chart
Right now $PEPE trades at 0.00000510 up 7.8 percent on the day
The 1h ATR shows a normal hourly swing of 1.9 percent
That means random noise moves the price nearly 2 percent every hour
If your stop sits closer than that normal swing you get stopped out by accident
The last 24h swing low sits at 0.00000472 which is down 7.5 percent from here
A real stop belongs just under that structural low where the trade actually fails
Place your stops below market reality instead of guessing a random percentage
Where do you usually put yours
#PEPE #TradingTips
Most people pick a round number instead of looking at the chart
Right now $PEPE trades at 0.00000510 up 7.8 percent on the day
The 1h ATR shows a normal hourly swing of 1.9 percent
That means random noise moves the price nearly 2 percent every hour
If your stop sits closer than that normal swing you get stopped out by accident
The last 24h swing low sits at 0.00000472 which is down 7.5 percent from here
A real stop belongs just under that structural low where the trade actually fails
Place your stops below market reality instead of guessing a random percentage
Where do you usually put yours
#PEPE #TradingTips