Your stop on
$CELO at 0.07019 is likely sitting in the wrong spot
Most traders pick a random percentage loss or a round number that feels safe
That is just guessing where the market will stop caring
Look at
$CELO right now with its 1 hour ATR sitting at 1.0 percent of price
An hourly swing of 1.0 percent means normal noise will chew up any tight stop instantly
The last 24 hour swing low on
$CELO rests down at 0.06747
Your protection belongs underneath the actual market structure that proves your thesis dead wrong
Never place a stop where normal hourly volatility can reach it by accident
Where do you normally set your stops
#CELO #TradingTips