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Avoid Unnecessary Stop Loss Triggering! 🚫📉 | Key Tips for Trading Order Blocks #TradingTips
10 months ago
14
1. Identify the Supply/Demand Zone Properly: Make sure you carefully analyze the market to identify the correct supply or demand zones for entry or exit.
2. Allow Breathing Room with Extra Pips: Give a few extra pips of space beyond the identified zone as a buffer to avoid stop loss being triggered by market noise or small fluctuations.
3. Prepare for Unexpected Market Behavior: Be mindful of potential price spikes or retracements, and factor in unexpected circumstances to reduce the chances of an early stop-loss hit.
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