📘 Trading Tip of the Day 🔹 Using ATR (Average True Range) for Better Stop Losses One of the biggest challenges in trading is setting a Stop Loss that protects your capital without cutting off your trade too early. The ATR indicator can help you find that balance! 📏📉 🔍 What is ATR? ATR (Average True Range) measures market volatility — how much an asset typically moves over a set period. When volatility is high, price swings are larger; when it’s low, the market is calmer. 🎯 Using ATR for Stop Loss placement: ✔️ Check the ATR value on your chart (14-period is common) ✔️ Multiply it by a factor (like 1.5 or 2) ✔️ Set your Stop Loss that distance away from your entry — this adapts to current market conditions instead of using a fixed number of pips 💡 Why it works: ✅ Adjusts to volatility ✅ Helps avoid premature exits ✅ Keeps your risk controlled and consistent 🧠 Bonus Tip: Combine ATR-based stops with support/resistance levels for even more effective trade management. Ready to level up your risk management? 👉 Start trading smarter with NordFX: https://account.nordfx.com/acc... #NordFX #TradingTips #ATR #ForexStrategy #StopLoss #RiskManagement #ForexEducation 💹📈