$BONK moves 1.4 percent an hour and most people still guess their size
Your account is 1000 dollars and you want to risk only 1 percent of it
That is 10 dollars of risk on the whole trade
The hourly ATR is 1.4 percent of the current price at 0.00000318
Place your stop at that 1.4 percent distance which is 0.0000000459 away
Divide your 10 dollar risk by that distance and your total position size is 714285714 tokens
Size the position to the stop and never to your feelings đŻ
Do not take my word for it, tap $BONK and look at the candles
How do you usually figure out your size on volatile memecoins
#BONK #TradingTips
Your account is 1000 dollars and you want to risk only 1 percent of it
That is 10 dollars of risk on the whole trade
The hourly ATR is 1.4 percent of the current price at 0.00000318
Place your stop at that 1.4 percent distance which is 0.0000000459 away
Divide your 10 dollar risk by that distance and your total position size is 714285714 tokens
Size the position to the stop and never to your feelings đŻ
Do not take my word for it, tap $BONK and look at the candles
How do you usually figure out your size on volatile memecoins
#BONK #TradingTips