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.
- Odd numbers are not a sharper risk calc; the placement dodges round-number stop clusters.
- It has nothing to do with best bid or ask; placement only affects when the stop triggers.
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