For those that trade mainly 4h and daily charts, do you consider 1% movements in price a lot?
I ask this because I've noticed most of my trades slow down after 0.8-1% movement of the price has taken place and several times the price even reverses and hits the stop loss.
I understand this will depend on instrument and the daily range that changes throughout time, but still.
For (lets say) intra weekly trading, is 1% price movement (lets say 1,00 to 0,99) a lot for you to close a trade?
I ask this because I've noticed most of my trades slow down after 0.8-1% movement of the price has taken place and several times the price even reverses and hits the stop loss.
I understand this will depend on instrument and the daily range that changes throughout time, but still.
For (lets say) intra weekly trading, is 1% price movement (lets say 1,00 to 0,99) a lot for you to close a trade?