Loading ...I think the market makers can see your stops. Mental stops are best if you can hang around and watch them. Nevertheless they know the stops are there. Gen 7 to 10 percent which they just took out with more active traders and maybe a bit lower for longs. Generally it can be beneficial if your still on the green or profit and it goes much lower. The problem with the metal stocks is they play games to nickel and dime them all the way down. You can’t even trust break outs or turn it into fake outs. They break out the bring it down to stop them out then continue up. That’s where you have to watch out be ready to get back in. They’re just not like normal stocks. It’s a den of thieves.
Or you could wait after the break out for a back test and if it heads back up that’s when you buy and save yourself the trouble or buy a little at the low then add to it after the back test. Buy a short on the back test to hedge if it hit your stop loss mental or set and if it’s a back test sell the short when it bounces off and holds and continues up. But to have a better picture watch fundamentals plus as they say your 6, the dollar. Ocassionaly they can go up together but they’re going up. A pain in the ask especially if your time zone is hours behind the open and your watching early trading.