$RENDER moves 0.9 percent an hour. Most people size it like a stablecoin
Your hourly swing right now is 0.9 percent of price which is about 0.015 dollars
Suppose your account is 1000 dollars and you want to risk only 10 dollars on a trade
That is 1 percent of your total capital lost if your stop gets hit
Divide your 10 dollar risk by the 0.015 dollar hourly swing distance to find your size
You get roughly 666 shares of $RENDER to keep your risk fixed regardless of volatility
Never guess your size by gut feeling on the next trade
How do you calculate your risk per trade right now
#RENDER #TradingTips
Your hourly swing right now is 0.9 percent of price which is about 0.015 dollars
Suppose your account is 1000 dollars and you want to risk only 10 dollars on a trade
That is 1 percent of your total capital lost if your stop gets hit
Divide your 10 dollar risk by the 0.015 dollar hourly swing distance to find your size
You get roughly 666 shares of $RENDER to keep your risk fixed regardless of volatility
Never guess your size by gut feeling on the next trade
How do you calculate your risk per trade right now
#RENDER #TradingTips