$FLOW moves 1.6% an hour. Most people risk 5% on a swing this small
I have a 1000 dollar account
I want to lose no more than 10 dollars if this trades against me
The 1h ATR is 1.6 percent of price
That means my stop is 0.000517 dollars away from entry
10 divided by 0.000517 gives me 19340 coins
I buy 19340 $FLOW at 0.03234
Set your stop at one ATR
Size so that distance costs you 1 percent
What’s your position size rule for volatile coins
#FLOW #TradingTips
I have a 1000 dollar account
I want to lose no more than 10 dollars if this trades against me
The 1h ATR is 1.6 percent of price
That means my stop is 0.000517 dollars away from entry
10 divided by 0.000517 gives me 19340 coins
I buy 19340 $FLOW at 0.03234
Set your stop at one ATR
Size so that distance costs you 1 percent
What’s your position size rule for volatile coins
#FLOW #TradingTips