medium · Volume Spread Analysis supply-demand-smart-money
Why does a professional trader place their stop-loss at 'odd' numbers like $49.37 rather than $50.00?
- Most trading algorithms are programmed to ignore odd-numbered stop orders.
- To avoid being triggered by professional stop-hunts at round psychological levels.
- Because odd numbers represent a more precise mathematical calculation of risk.
- It ensures that the broker executes the trade at the best possible bid/ask.
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