Quote from Buy1Sell2:
It is the trader who place their stops in the wrong areas with a position size on that is too large. The market does not place the stops.
But the market will go out of it's way to make sure it runs as many stops as possible, even when these stops are placed outside of noise.
I for my part don't care being stopped out. What really makes me angry is to be wiggled out of a position if the market actually goes the way I had expected.
Either way it is tough. If one initiates a position as it breaks support one has to place a stop above previous resistance. If one initiates the same trade at resistance all the buy stops above resistance can run you over too...
It's not so easy, unless you have a lot of experience, patience and funds to hold everything over.
