How do you set a stop on a chart you can't read yet?
Beginners are told to put stops at "logical levels", then realise they can't yet see logical levels. In the meantime, a fixed-distance stop or an ATR-based stop keeps losses bounded while the eye develops.
What did you use before you could read structure?
- fixed pips, a percentage of daily range, or ATR
- how you chose the number
- when you switched to structure-based stops
The ATR guide gives a method that doesn't need pattern-reading skill.
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