Oh yes, tight stops can be a real bind that get in the way of a good trade sometimes (in my experience at least).
But then I should be clear in saying my hard stop relate to a % of account at risk - Its what I am will to risk through a basket of trades in a venture for a larger move overall.
Its kinda like looking holistically at where I see price going then building a position into it.
In my previous life I was a bid manager and any bid had many moving parts which frequently changed through the lifecycle of that bid - I see trading in a similar way.
Simply stated: I give myself breathing space.
But then I should be clear in saying my hard stop relate to a % of account at risk - Its what I am will to risk through a basket of trades in a venture for a larger move overall.
Its kinda like looking holistically at where I see price going then building a position into it.
In my previous life I was a bid manager and any bid had many moving parts which frequently changed through the lifecycle of that bid - I see trading in a similar way.
Simply stated: I give myself breathing space.