$PUMP moves 2.0 percent an hour and people still size positions on a whim
Most traders lose money not because the direction was wrong but because the bet was too big
Say you have a 1000 dollar account and want to risk 10 dollars on $PUMP right now
The 1h ATR shows a normal hourly swing of 2.0 percent of the current price of $0.006486
Put your stop loss one hourly move away at that exact distance and calculate your share count
Divide your 10 dollar risk budget by that 2.0 percent move to find the exact position size you are allowed to take
That math keeps you in the game when volatility spikes instead of wiping you out on a single normal candle
Always calculate your size from your stop distance before you enter the market
How do you usually figure out your risk per trade
#PUMP #TradingTips
Most traders lose money not because the direction was wrong but because the bet was too big
Say you have a 1000 dollar account and want to risk 10 dollars on $PUMP right now
The 1h ATR shows a normal hourly swing of 2.0 percent of the current price of $0.006486
Put your stop loss one hourly move away at that exact distance and calculate your share count
Divide your 10 dollar risk budget by that 2.0 percent move to find the exact position size you are allowed to take
That math keeps you in the game when volatility spikes instead of wiping you out on a single normal candle
Always calculate your size from your stop distance before you enter the market
How do you usually figure out your risk per trade
#PUMP #TradingTips