Your stop on $STX at 0.33380 is probably in the wrong place based on arbitrary percentages

Most traders drop a random five percent mental line under their entry and wonder why the wick takes them out

Look at what $STX just did with a twenty four hour range spanning from 0.27810 up to 0.39900 on heavy volume

The hourly ATR right now is 5.8 percent of price which is just the normal noise of this asset moving around

If your stop is tighter than that hourly swing market friction alone will hunt you before the thesis even plays out

A real stop goes below the actual swing low at 0.27810 because breaking that level invalidates the entire move

Put your protection where the market proves your idea dead instead of guessing a random round number

Where do you normally set your invalidation points

#STX #TradingTips