ytman68
ytman68 t1_j6bhikl wrote
Reply to comment by United-Display-386 in How many % do you often set for cut loss? by United-Display-386
Because of stop loss hunting
ytman68 t1_j6b6bu7 wrote
max of 15% if you are day trading and max of 30% if you are holding the asset long term
ytman68 t1_j6bj7py wrote
Reply to comment by United-Display-386 in How many % do you often set for cut loss? by United-Display-386
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https://preview.redd.it/slprbc4x2yea1.png?width=575&format=png&auto=webp&v=enabled&s=bb7748c294e043d36546ae9f873f7a11b17d5e07
Try using these three indicators from tradingviews. Works well for longer timeframe 3H,4H and 1 day. Add them to your chart study how it works bets for you. These indicators will help you to stop day trading (Day trading is not the best for most people).