Your stop on $GTC at 0.18954 is wrong if it is based on random feelings
Most traders put stops at round numbers instead of structural logic
Take $GTC right now sitting at 0.22924 after that 18.7 percent pump
Its hourly ATR is 6.5 percent of the price which is just normal noise
If you put your stop closer than 6.5 percent you get hunted by the spread
The absolute floor of the recent swing sits down at 0.18954 today
That is the level where the whole trade idea literally stops being true
Put the stop below the structure that invalidates you or just do not trade
Where do you usually put your stop when you test a breakout
#GTC #TradingTips
Most traders put stops at round numbers instead of structural logic
Take $GTC right now sitting at 0.22924 after that 18.7 percent pump
Its hourly ATR is 6.5 percent of the price which is just normal noise
If you put your stop closer than 6.5 percent you get hunted by the spread
The absolute floor of the recent swing sits down at 0.18954 today
That is the level where the whole trade idea literally stops being true
Put the stop below the structure that invalidates you or just do not trade
Where do you usually put your stop when you test a breakout
#GTC #TradingTips