- trend is down
- however volatility is extremely high
- BNF has moved from 26800 to 30500 in 2 days
- now trading around 28800 (after a 4% intraday move)
- current ATR is 820 points or 3%
- this calls for min SL of 1600 points or 6%
- note my average SL for any positional trade in a stock is 10%
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWybdabPVTPXZtwbYs4xxWmZNbFPQJi7mw5bvO-TCsaio1qAUWRQ7bosWdPTineWuYFSo694X2Yq_LLZ8VtHt03a1Y57GiLDaa3OpPMKV8vzueG8j1QKo1qZ60RNF9x_15XFCpkt8z8TQV/s640/a.png)
with kplswing indicator
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2mmAEqXOami_P72NFy7uMSKClDJraTrlOl5wo2ooqzfWUKSkAJc2WMqc6RTyukVeU8WRx3eBhxw_-X0tJmb6TngzV8EzcqurghhY_7LZRUuee6j3c-v7hkpzM0XrvgBda-nziEV5xLr5P/s640/a.png)
- however volatility is extremely high
- BNF has moved from 26800 to 30500 in 2 days
- now trading around 28800 (after a 4% intraday move)
- current ATR is 820 points or 3%
- this calls for min SL of 1600 points or 6%
- note my average SL for any positional trade in a stock is 10%
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWybdabPVTPXZtwbYs4xxWmZNbFPQJi7mw5bvO-TCsaio1qAUWRQ7bosWdPTineWuYFSo694X2Yq_LLZ8VtHt03a1Y57GiLDaa3OpPMKV8vzueG8j1QKo1qZ60RNF9x_15XFCpkt8z8TQV/s640/a.png)
with kplswing indicator
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2mmAEqXOami_P72NFy7uMSKClDJraTrlOl5wo2ooqzfWUKSkAJc2WMqc6RTyukVeU8WRx3eBhxw_-X0tJmb6TngzV8EzcqurghhY_7LZRUuee6j3c-v7hkpzM0XrvgBda-nziEV5xLr5P/s640/a.png)
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