$RLC swings 5.3 percent hourly and most traders blow up sizing it like a stablecoin
You have a one thousand dollar account and want to risk ten dollars on the trade
The hourly ATR on $RLC is 5.3 percent which means the normal hourly move is about six cents from the current price of $1.0840
Place your stop loss one full ATR away at the swing low of $0.91910 and calculate your size from that distance
Ten dollars of risk divided by the five cent stop distance means you buy about one hundred and eighty dollars worth of $RLC
Never guess your size by how much money you want to put in
What stop distance do you use on your altcoin trades
#RLC #TradingTips
You have a one thousand dollar account and want to risk ten dollars on the trade
The hourly ATR on $RLC is 5.3 percent which means the normal hourly move is about six cents from the current price of $1.0840
Place your stop loss one full ATR away at the swing low of $0.91910 and calculate your size from that distance
Ten dollars of risk divided by the five cent stop distance means you buy about one hundred and eighty dollars worth of $RLC
Never guess your size by how much money you want to put in
What stop distance do you use on your altcoin trades
#RLC #TradingTips