$APT moves 1.3 percent an hour and most people size it totally wrong
They guess an amount instead of doing the math on the actual chart
Imagine you have a 1000 dollar account and want to risk just 1 percent of it
The 1h ATR sits at 1.3 percent of the current 0.77820 price
That means your stop needs room of about 0.0101 dollars to survive a normal hourly swing
Risking 10 dollars total with that exact distance means your position size should be roughly 778 dollars
Put more cash in and a standard hourly chop triggers your stop before the move even starts
What size do you normally use on a swing like this
Tap $APT and check the hourly chart yourself
#APT #TradingTips
They guess an amount instead of doing the math on the actual chart
Imagine you have a 1000 dollar account and want to risk just 1 percent of it
The 1h ATR sits at 1.3 percent of the current 0.77820 price
That means your stop needs room of about 0.0101 dollars to survive a normal hourly swing
Risking 10 dollars total with that exact distance means your position size should be roughly 778 dollars
Put more cash in and a standard hourly chop triggers your stop before the move even starts
What size do you normally use on a swing like this
Tap $APT and check the hourly chart yourself
#APT #TradingTips